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Based on the Explain It and Explore It! video in the last section, if dividends for ABC Corp. were $1.19 at the end of 2000

Based on the Explain It and Explore It! video in the last section, if dividends for ABC Corp. were $1.19 at the end of 2000 and $3.18 at the end of 2009,

what is the average compounded growth rate?

The average compounded growth rate is _____%. (Round to two decimal places.)

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