Homework mment: Module 4 Homework Assignment Score: 81.66% Save Submit Assignment for Grading ons Problem 9.16 (Nonconstant Growth) Question 19 of 20 Check My Work (3 remaining) eBook Carnes Cosmetics Co.'s stock price is $49, and it recently paid a $1.00 dividend. This dividend is expected to grow by 15% for the next 3 years, then grow forever at a constant rate, 9; and rs - 14%. At what constant rate is the stock expected to grow after Year 3? Do not round intermediate calculations. Round your answer to two decimal places. Check My Work (3 remaining) Show All X A FA19 Communid - emoved Dropboxinstall dmg e-300s Sigma Chi TB Podt of