Please show work on pen and paper. NO EXCEL, please!

Question 6 2 pts 4. KellyAnne Public Relations just paid an annual dividend of $1.27 on its common stock and increases its dividend by 3.4 percent annually. What is the rate of return on this stock if the current stock price is $38.56 a share? O 7.87 percent 7.69 percent 07.04 percent 6.81 percent