The constant-growth dividend discount model can be used both for the valuation of companies and for the estimation of the long-term total rotuen of a stock. Assume: \$20wPrice of a Stock Today 9%= Expected Growth Pate of Dividends \$0.62-Annwal bividend One year forward Whing only the preceding data, compute the expected long-term total retum on the stock uting the constant-growth dividend discount model. Do not round intermediate calcilations Rovind your answer to two decimal places