Answered Partially Correct 24.Answered Correctly Question Workspace Check My Work eBook Carnes Cosmetics Co.'s stock price is $48, and it recently paid a $1.00 dividend. This dividend is expected to grow by 21% for the next 3 years, then grow forever at a constant rate, g; and rs = 12%. At what constant rate is the stock expected to grow after Year 3? Do not round intermediate calculations. Round your answer to two decimal places._____%