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    Growth Rate of Dividends

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    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%

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    https://brainmass.com/business/accounting/growth-rate-of-dividends-34934

    Solution Preview

    Answer: 14%

    Dividend at the end of 5 ...

    Solution Summary

    The solution calculates growth rate of the dividends over the five year period.

    $2.19

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