17. Over the past 5 years, DL Insulation has paid annual dividends of $1.40, $1.55, $1.70, $1.73, and $1.77 per share. What is the geometric average dividend growth rate for this period? A. 4.80 percent B. 5.79 percent

C. 5.88 percent D. 6.04 percent E. 6.33 percent

18. Roy's Markets has net income of $164,000. The firm has 200,000 shares of common stock outstanding. The dividend for this year is $0.61 per share. What is the retention ratio? A. 0.220 B. 0.256

C. 0.314 D. 0.774 E. 0.780