The Annual Dividends for a Stock Over the Past Five

The annual dividends for a stock over the past five years have been $1.50, $1.75, $1.77, $1.87, and $2.00, respectively. What is the arithmetic average growth rate in dividends?

A) 5.67%
B) 7.60%
C) 6.71%
D) 7.83%
E) 5.80%