Find the market$-$implied total required return on equity of buying a $$130$ stock now that's expected to pay annual dividends forever, with the next $$13$ dividend to be paid in one year $($t$=1).$ The dividend is expected to grow forever at $3\%$ per annum. Therefore the second dividend $($paid at t$=2)$ is expected to be $$13\mathrm{.}39(=13*(1+0\mathrm{.}03)^1).$ Assume that the stock can be accurately valued with the DDM$.$ The stock's market$-$implied total required return on equity is:Select one: a$.16\%$ b$.13\mathrm{.}7917\%$ pac. $13\mathrm{.}39\%$ pa d$.13\%$ pa e$.3\%$ pa