Knit 'n Needle started paying dividends 4 years ago. The annual dividends thus far have been $0.30, $0.35, $0.38, and $0.43, respectively. What is the arithmetic average dividend growth rate?
A) 6.33 percent
B) 8.58 percent
C) 10.58 percent
D) 12.80 percent
E) 14.17 percent
Correct Answer:
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