Check My Work (3 remaining) blem 9.15 (Corporate Valuation) : Not Answered eBook Carnes Cosmetics Co.'s stock price is $57, and it recently paid a $1.00 dividend. This dividend is expected to grow by 17% for the next 3 years, then grow forever at a constant rate, g; and rs = 14%. 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. % Check My Work (3 remaining) 0-Icon Key Problem 9.16 (Nonconstant Growth) Question 19 of 20 Save Submit Assignment for Grading ent/takeAssignment Main.do?takeAssignmentSessionLocator assignment-take, 6ac57080-47a6-48d2-2004-c7291356db72 W X G A O tv