Moving to another question will save this response Question 2 of 17 Question 2 10 points Save Answer The Company expects to announce their annual dividend of $2.98 next year and promises to increase its dividends at 4.05 perpetually, even though you believe the required return on the stock is 11.75 due to market conditions, you must purchase the stock for $6 above the intrinsic value today. At this higher purchase price, what is your expected rate of return (enter the number as a percentage)? Moving to another question will save this response Question 2 of 17