The Big Dude Company, whose common stock is currently selling for $50 per share, is expected to pay a $4.00 dividend next year. If investors believe that the expected rate of return on XYZ is 14%, what constant growth rate in dividends must be expected?

Answer in percent format. Round to the nearest hundredth percent. Do not include the percent sign in your answer. (i.e. If your answer were 1.23%, then type 1.23 without a % sign)