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A firm's dividends have grown over the last several years. 10 years ago the firm paid a dividend of $2. Yesterday it paid a dividend

A firm's dividends have grown over the last several years. 10 years ago the firm paid a dividend of $2. Yesterday it paid a dividend of $3. What was the average annual growth rate of dividends for this firm?

Round the answer to two decimal places in percentage form. Thank you.

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