Use the Dividend Growth Model to determine the expected annual growth rate of the dividend for ELO stock. The firm is expected to pay an annual divided of $$4\mathrm{.}40$ per share in one year. ELO shares are currently trading for $$84\mathrm{.}94$ on the NYSE, and the expected annual rate of return for ELO shares is $9\mathrm{.}23\%.$ Answer as a $\%$ to $2$ decimal places $($e$.$g$.,12\mathrm{.}34\%$ as $12\mathrm{.}34).$