(Common stock valuation) Abercrombie & Fitch's common stock pays a dividend of $0.75. It is currently selling for $34.05. If the firm's investors require a return of 10 percent on their investment from buying Abercrombie & Fitch stock, what growth rate would Abercrombie & Fitch have to provide the investors? The growth rate Abercrombie & Fitch would have to provide the investors is %. (Round to two decimal places.)