Common stock value: Constant growth The common stock of Barr Labs Inc., trades for $$123$ per share. Investors

expect the company to pay a$($n$)$ $$1\mathrm{.}35$ dividend next year, and they expect that dividend to grow at a constant rate

forever. If investors require $a(n)14\mathrm{.}4\%$ return on this stock, what is the dividend growth rate that they are anticipating?

The anticipated dividend growth rate is

$\%.($Round to two decimal places.$)$