The stock price of Alps Co. is $53.90. Investors require a return of 13 percent on similar stocks. If the company plans to pay a dividend of $3.60 next year, what growth rate is expected. for the company's stock price? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Growth rate % < Prev 11 of 19 # Next >