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I got -5.18%, just checking if I did it right. Thank you! The stock price of XYZ Co. is $23.33. Investors require an 9.31 percent

I got -5.18%, just checking if I did it right. Thank you! image text in transcribed
The stock price of XYZ Co. is $23.33. Investors require an 9.31 percent rate of return on similar stocks. If the company plans to pay a dividend of $3.38 next year, what constant growth rate (in percent) is expected for the company's stock price? Answer to two decimals

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