ABC Inc. common stock sells for $25 a share at a market rate of return of 10.24%. The company just paid its annual dividend of $1.00.

What is the dividend growth rate in percentage? (Do not round your intermediate calculations. Round the final answer, if necessary, to two decimal places and enter it in canvas without the percentage (%) sign; for example, if your final answer is X/Y = 0.25, you must enter it in Canvas as 25)