Carnes Cosmetic's Co$.\text{'}$s stock price is $$47,$ and it recently paid a $$1\mathrm{.}50$ dividend. This dividened is expected to grow by $28\%$ for the next $3$ years, then grow forever at a constant rate, g; and rs $16\%.$ 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.