Question
A firm's dividends have grown over the last several years. 8 years ago the firm paid a dividend of $1. Yesterday it paid a dividend
A firm's dividends have grown over the last several years. 8 years ago the firm paid a dividend of $1. Yesterday it paid a dividend of $7. What was the average annual growth rate of dividends for this firm?
Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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Financial Markets And Institutions A Modern Perspective
Authors: Anthony Saunders, Marcia Millon Cornett, Marcia Cornett
2nd Edition
007294109X, 978-0072941098
