(Common Stock Valuation) Abercrombie & Fitch's common stock pays a dividend of $0.70. It is currently selling for $34.14. If the firm's investors require a return of 10 percent on their investment from buying Abercrombie & Fitch stock, what growth would Abercrombie & Fitch have to provide the investors?
The growth rate Abercrombie & Fitch would have to provide the investors is ____%. (Round to two decimals places)