McKenna Motors is expected to pay a $3 per-share dividend at the end of the year (D1 = \$3). The stock sells for $23 per share and its required rate of return is 21.4 percent. The dividend is expected to grow at a constant rate, g, forever. What is the growth rate, g, for this stock? \begin{tabular}{l} 8.36% \\ \hline 8.26% \\ \hline 8.16% \\ \hline 8.06% \\ \hline 7.96% \end{tabular}