Question 6 of8 _ [1 E View Policies Current Attempt in Progress Investors demand a rate of return of 15 percent on Oriole Food |nc.'s common shares. These shares are currently trading at $20 per share. Dividend payout for the current year is expected to be $1.50 per share. (a) What is the implied long-term growth rate that shareholders expect? (Round answer to 1 decimal place, e.g. 15.6%.) Growth rate % Save for Later Attempts: 0 of 3 used Using multiple attempts will impact your score. 25% score reduction after attempt 1