The next dividend payment by Savitz, Incorporated, will be $$4\mathrm{.}05$ per share. The dividends are anticipated to maintain a growth rate of $3$ percent forever.

If the stock currently sells for $$50$ per share, what is the required return?

Multiple Choice

$11\mathrm{.}10\%$

$8\mathrm{.}10\%$

$10\mathrm{.}88\%$

$10\mathrm{.}54\%$

$3\mathrm{.}00\%$