Youve collected the following information from your favorite financial website.

52-Week Price		Stock (Div)	Div Yld %	PE Ratio	Close Price	Net Chg
Hi	Lo
64.60	47.80	Abbott 1.12	1.9	235.6	62.91	.05
145.94	70.28	Ralph Lauren 2.50	1.8	70.9	139.71	.62
171.13	139.13	IBM 6.30	4.3	23.8	145.39	.19
91.80	71.96	Duke Energy 3.56	4.9	17.6	74.30	.84
113.19	96.20	Disney 1.68	1.7	15.5	??	.10

According to your research, the growth rate in dividends for Abbott Laboratories for the previous 5 years has been negative 11.5 percent. If investors feel this growth rate will continue, what is the required return for the companys stock? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Need to find the Required Return

Thank You!!