Question
A firm has paid annual dividends of $1.32, $1.43, $1.55, $1.62, $1.64, and $1.70 per share over the past 6 years, respectively. What is the
A firm has paid annual dividends of $1.32, $1.43, $1.55, $1.62, $1.64, and $1.70 per share over the past 6 years, respectively. What is the geometric average growth rate for these dividends?
A. 5.19 percent B. 5.28 percent C. 5.48 percent D. 5.57 percent
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
8th Edition
0324065914, 9780324065916
