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(Common stock valuation) Abercrombie& Fitch's common stock pays a dividend of $ 0.70It is currently selling for $ 34.14If thefirm's investors require a return of 10percent on their investment from buying Abercrombie& Fitchstock, what growth rate would Abercrombie& Fitch have to provide theinvestors? The growth rate Abercrombie& Fitch would have to provide the investors is __________%. (Round to two decimalplaces.)