Determine required rate of return (Ke) for common stock which just paid a per-share dividend of $1.00, is expected to pay a per-share dividend of $1.06 one year from now, has a market price of $9.30 and a par value of $1.00. Growth of dividends is expected to remain constant. (Enter your answer as a percent with 2 decimal places but without the % symbol. For example, if you compute 25.00%, enter 25.00)