The next dividend payment by Savitz, Inc., will be $$4\mathrm{.}15$ per share. The dividends are anticipated to maintain a growth rate of $4$ percent forever.

If the stock currently sells for $$44$ per share, what is the required return?

Multiple Choice

$9\mathrm{.}43\%$

$4\mathrm{.}00\%$

$13\mathrm{.}16\%$

$13\mathrm{.}43\%$

$12\mathrm{.}76\%$