Analysts expect Jocorp Industries to make payouts of $5.7 billion at the end of this year. Assume that all payouts occur annually at the end of the year and that we are at the beginning of the year. Analysts forecast that Jocorp's payouts will grow at a constant rate in perpetuity. Jocorp stockholders require a return of 6.5%. Jocorp has 1.17 billion shares outstanding and its shares are currently trading for $162.39. What growth rate has the market priced into Jocorp's share price? Write the rate in decimal form. The growth rate the market has priced into Jocorp's share price is (Round to three decimal places.)