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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Good Company. Assuming the January 1, 2011 price of the

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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Good Company. Assuming the January 1, 2011 price of the stock is $33.00, determine the current required rate of return for the company (use the geometric growth rate to calculate the required return.) 2001 2002 2003 2005 2006 2007 2009 Year Dividend 2004 $0.72 2008 $1.22 2010 $1.57 $0.49 $0.52 $0.62 $0.82 $0.94 $1.09 $1.41 What is the arithmetic growth rate of the dividends for Good Company? % (Round to two decimal places.)

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