You would like to buy a stock of Navana Motors. You are trying to find out the intrinsic value of Navana's stock. Recently, you have subscribed to Value Front la stock market research firm) and it provides you the following information: Expected dividend is $0.65 in 2017 and will be $0.98 in 2020 * Beta and risk-free rate are 0.95 and 2.90%, respectively * Market risk premium is 8.00% After 2020, the competition in the car market will be higher and Navana expects to grow at the steady rate. The forecasted dividend payout ratio is 25% and ROE is 10.00% What is the growth rate in 2017-2020? [Put answer in % not in decimal, eg. 10 for 10% not 0.10]