"Suppose that next year the expected dividends of the stocks in a broad market index equaled $10,000,000 when the discou

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"Suppose that next year the expected dividends of the stocks in
a broad market index equaled $10,000,000 when the discount rate was
9% and the expected growth rate of the dividends equaled 4%. Using
the constant-growth formula for valuation, if interest rates change
to 10%, the percentage change in the value of the market index is
_____. Note: Express your answers in strictly numerical terms. For
example, if the answer is 5%, write 0.05"