The first year someone owned stock they received $1.71 per share and in the fifth year they received $2.89 per share. What was the growth rate of the dividends over the five year period _____
7 %, 14%, 12%, or 5%© BrainMass Inc. brainmass.com June 3, 2020, 5:41 pm ad1c9bdddf
Dividend at the end of 5 ...
The solution calculates growth rate of the dividends over the five year period.