You've collected the following information from your favorite financlal website.

According to your research, the growth rate in dividends for Manta Energy for the previous $10$ years has been negatlve $11$ percent. If

Investors feel this growth rate will continue, what Is the required return for the stock?

Note: A negatlve answer should be Indlcated by a minus sign. Do not round Intermedlate calculations and enter your answer as a

percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Required return