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 percent
B) 6.84 percent
C) 7.33 percent
D) 7.81 percent
E) 8.11 percent
Correct Answer:
Verified
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