Rochelle, Rochelle Partners stock currently trading at $116. It will pay dividends for the next four years of 7$ each. In year 5 the dividend will grow by 25% and it will grow by an additional 25% per year compounded with the three years after that (years 6-8) as well. Starting in the year 9 the dividend growth rate will settle into a steady rate of growth which is forecast to remain constantly indefinitely from that point forward. Assuming your discount rate is 12.8% what is the minimum rate of growth in the dividend you need to have from year 9 onward in order to justify the current price of the stares?