Highway Express has paid annual dividends of $1.05,$1.20,$1.25,$1.15,and $0.95 over the past five years,respectively.What is the average dividend growth rate?
A) -1.74 percent
B) -3.60 percent
C) 2.28 percent
D) 2.47 percent
E) 4.39 percent
Correct Answer:
Verified
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