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Based on the Explain it and Explore It! video in the last section, if dividends for ABC Corp. were $1.49 at the end of 2002

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Based on the Explain it and Explore It! video in the last section, if dividends for ABC Corp. were $1.49 at the end of 2002 and $2.77 at the end of 2010, what is the average compounded growth rate? The average compounded growth rate is %. (Round to two decimal places.)

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