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Problem 8-18 (similar to) Question Help (Common stock valuation) Abercrombie & Fitch's common stock pays a dividend of $1.25. It is currently selling for $37.91.

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Problem 8-18 (similar to) Question Help (Common stock valuation) Abercrombie & Fitch's common stock pays a dividend of $1.25. It is currently selling for $37.91. If the firm's investors require a return of 14 percent on their investment from buying Abercrombie & Fitch stock, what growth rate would Abercrombie & Fitch have to provide the investors? The growth rate Abercrombie & Fitch would have to provide the investors is 0% (Round to two decimal places)

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