(Common stockholder expected retum) Ziercher executwes anticipate a growth rate of 9 percent for the company's comimon stock. The stock is cirrenty selling tor $40.16 per share and pays an end-of-year dividend of $1.25. What is your expected rate of return it you purchase the slock for its current market price of $40.16? Your expected rate of return is 1. (Round to two decimal plises.)