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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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Solution Summary
The solution calculates growth rate of the dividends over the five year period.
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Answer: 14%
Dividend at the end of 5 ...
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