A firm has paid annual dividends of $1.41,$1.43,$1.55,$1.62,$1.64,and $1.68 per share over the past 6 years,respectively.What is the geometric average growth rate for these dividends?
A) 3.19 percent
B) 3.28 percent
C) 3.48 percent
D) 3.57 percent
E) 3.74 percent
Correct Answer:
Verified
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