Homework: Chapter 7 Stock Valuation Save Score: 0 of 3 pts 9 of 18 (7 complete) v HW Score: 32%, 32 of 100 pts P7-11 (similar to) Question Help Common stock value: Constant growth The common stock of Barr Labs Inc., trades for $116 per share. Investors expect the company to pay a(n) $1.32 dividend next year, and they expect that dividend to grow at a constant rate forever. If investors require a(n) 14.9% 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.)