A firm has paid annual dividends of $1.45, $1.53, $1.55, $1.60, $1.62, and $1.66 per share over the past 6 years, respectively. What is the geometric average growth rate for these dividends?
A) 2.34 percent
B) 2.41 percent
C) 2.48 percent
D) 2.57percent
E) 2.74 percent
Correct Answer:
Verified
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