You are examining a firm with a stream of past dividends where the initial dividend is $1.32 and the most recent dividend is $1.96.The number of years between these two dividends (n)is 6 years.What is the average annual dividend growth rate during this six-year period? Use a calculator to determine your answer.
A)4.74%
B)5.35%
C)6.81%
D)7.35%

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The Answer of You are examining a firm with a stream of past dividends where the initial dividend is $1.32 and the most recent dividend is $1.96.The number of years between these two dividends (n)is 6 years.What is the average annual dividend growth rate during this six-year period? Use a calculator to determine your answer.
A)4.74%
B)5.35%
C)6.81%
D)7.35%

You Are Examining a Firm with a Stream of Past