The Adept Co. has paid annual dividends of $.80, $.92, $.98, $1.04, and $1.09 over the past five years respectively. What is the average dividend growth rate?
A) 6.52 %
B) 6.84 %
C) 7.33 %
D) 7.81 %
E) 8.11 %
Correct Answer:
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