Suppose that in 2012 the expected dividends of the stocks in a broad market index equaled $208,513 million when the discount rate was 7% and the expected growth rate of the dividends equaled 3%. Using the constant-growth formula for valuation, if interest rates increase to 11%, the value of the market will change by Round your answer to the nearest two decimals. State your answer as percentage and not in decimal-form (i.e. 5.21% and not 0.052 ) Do not type the \% symbol