In a stream of past dividends,the initial dividend is $0.75 and the most recent dividend is $1.25.The number of years between these two dividends (n)is 8 years.What is the average growth rate during this eight-year period? Use a calculator to determine your answer.
A)6.59%
B)6.62%
C)6.69%
D)6.72%

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The Answer of In a stream of past dividends,the initial dividend is $0.75 and the most recent dividend is $1.25.The number of years between these two dividends (n)is 8 years.What is the average growth rate during this eight-year period? Use a calculator to determine your answer.
A)6.59%
B)6.62%
C)6.69%
D)6.72%

In a Stream of Past Dividends,the Initial Dividend Is $0