You just purchased a growing perpetuity. You paid $55,400 for the growing perpetuity. The perpetuity will make annual payments. The first payment will be received 1 year from today. The amount of the first payment is $7,400. The payment will growth by {g}% per year. What is effective annual rate of return that you will earn? Your answer should be decimal form. It should be accurate to 3 decimal places. Therefore 10.5% would become .105.