O Common stock value: Constant growth The common stock of Denis and Denis Research, Inc., trades for $66 per share. Investors expect the company to pay a(n) $3.86 dividend next year, and they expect that dividend to grow at a constant rate forever. If investors require a(n) 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.)