: Module 4 Homework Assight Scee 5.0 Save Submit Assignment for Grading Problem 9.16 (Nonconstant Growth) Question 1 of 2 Check My Work (3 remaining) eBook Carnes Cosmetics Co.'s stock price is $43, and it recently paid a $1.00 dividend. This dividend is expected to grow by 18% for the next 3 years, then grow forever at a constant rate, and is 10% 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. % Questions Navigation Menu Check My Work remaining) Olon Key Sub Assignment for Grading Problem 9.16 (Nonconstant Growth)