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The current price of one share of FSL Inc. is $48. You expect the company to make $1.95 in profits per share next year. If

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The current price of one share of FSL Inc. is $48. You expect the company to make $1.95 in profits per share next year. If you want to make a return of 11% on an investment in FSL stock, what longterm growth rate in the company's profits per share is necessary for you to be willing to buy the share today at the current price? Enter your answer as a decimal, not a percent, and round to 4 decimals. For example, if you answer is 5.12%, then enter 0.0512

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