Highway Express has paid annual dividends of $1.16, $1.20, $1.25, $1.10, and $0.95 over the past five years respectively. What is the average dividend growth rate?
A) -4.51 percent
B) -3.60 percent
C) 2.28 percent
D) 2.47 percent
E) 4.39 percent
Correct Answer:
Verified
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