HELP PLEASE HIGHLIGHT ANSWER, LAST PERSON GOT IT WRONG THE ANSWER IS NOT 7.34%

#32 The market price of a stock is $24.46 and it just paid a dividend of $1.00. The required rate of return is 11.74%. What is the expected growth rate of the dividend? Submit Attemp Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))