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A company has paid the following dividends to shareholders Year Dividend 2013 $1.50 2012 $1.40 2011 $1.30 2010 $1.20 2009 $1.00 From the information given

A company has paid the following dividends to shareholders Year Dividend

2013 $1.50

2012 $1.40

2011 $1.30

2010 $1.20

2009 $1.00

From the information given above determine the growth rate in this companys dividends using the point-to-point method. N I PV PMT FV

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