Over the past 5 years, DL Insulation has paid annual dividends of $1.40, $1.55, $1.70, $1.73, and $1.77 per share. What is the geometric average dividend growth rate for this period?
A) 4.80%
B) 5.79%
C) 5.88%
D) 6.04%
E) 6.33%
Correct Answer:
Verified
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