Based on the following information, calculate the expected return on RenTech common stock based on the assumption the stock derives its value from paying dividends. The current price per share of the stock is $49.95. The next dividend the firm is expected to pay is $4.2 per share. The dividend is expected to grow at a rate of 6.34% consistently. Express your answer as a percentage rounded to two decimal places. For example, if your calculation results in a value of 0.010456 your answer would be 1.05 and not 1, 1.046 or 0.01