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A firm's dividends have grown over the last several years. 4 years ago the firm paid a dividend of $1.21. Yesterday it paid a dividend

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A firm's dividends have grown over the last several years. 4 years ago the firm paid a dividend of $1.21. Yesterday it paid a dividend of $5.12. 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). Your Answer: Answer units Page 3 of 5

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