Question 9 1 pts GDL is considered a mature company and everyone expects the company to pay a dividend of $1.6 exactly one year from now. It is also expected that dividends will grow at a constant rate of 6.8% per year. The required return for the company is 11%. Suppose that at the end of the year, the company pays dividend amount just as expected, but some unexpected news about the company is revealed, and everyone now expects the company to grow at a constant rate of 8% per year forever. If you bought the company at the beginning of the year and then sold it at the end of the year (after collecting the dividend and after the good news was revealed), what was your 1-year return on your investment in GDL stock? Enter your answer in decimals (not percent) and round to 4 decimal places, for example 0.1234