Greshak Corp. currently has stock outstanding with a market price $42.00. The market anticipates that the company will pay a dividend of $4.00 per share next year and Greshak's return on equity has averaged 14.0% while the market's required rate of return for the stock is 12.0%. Given this information, what must the market's projected growth rate be for Greshak's stock (rounded)?
Select one: a. 1.5% b. 2.0% c. 2.5% d. 3.6% e. 4.5%