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You have an investment that includes annual cashflows that are expected to grow at a constant annual rate forever and the first cashflow of $

You have an investment that includes annual cashflows that are expected to grow at a constant annual rate forever and the first cashflow of $5.16 is expected next year. What is the growth rate if the investment's current value is $777.40 and the cost of capital is 5.5%?(Express your answer as a decimal. Round to the nearest ten-thousandth.)

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