Find both the arithmetic growth rate and the geometric growth rate of the dividends for Jumping Jack Companies. Assuming the January 1, 2011 price of the stock is $38.00, determine the current required rate of return for the company (use the geometric growth rate to calculate the required return.) Year 2010 D 2001 $0.46 2002 $0.52 2003 $0.64 2004 $0.72 2005 $0.88 2006 $0.91 2007 $1.03 2008 $1.24 2009 $1.43 Dividend $1.55 What is the arithmetic growth rate of the dividends for Jumping Jack Companies? 1% (Round to two decimal places.)