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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Davy's Crock Pot Stores. Assuming the January 1, 2011 price

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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Davy's Crock Pot Stores. Assuming the January 1, 2011 price of the stock is $90.00, determine the current required rate of return for the company (use the geometric growth rate to calculate the required return.) 2003 2004 2008 Year Dividend 2001 $7.31 2002 $7.82 2009 2005 $9.05 2006 $9.41 2007 $10.07 2010 $11.65 $8.37 $8.70 $10.47 $10.89 What is the arithmetic growth rate of the dividends for Davy's Crock Pot Stores? % (Round to two decimal places.) What is the geometric growth rate of the dividends for Davy's Crock Pot Stores? % (Round to two decimal places.) What is the required rate of return for Davy's Crock Pot Stores? % (Round to two decimal places.)

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