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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Excellent Pizza Franchises. (Click on the following icon 2 in

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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Excellent Pizza Franchises. (Click on the following icon 2 in order to copy its contents into a spreadsheet.) 2002 2005 2006 2007 2008 2009 2010 Year Dividend 2001 $1.47 2003 $3.42 2004 $4.37 $2.27 $5.62 $6.53 $7.22 $8.15 $7.51 $6.88 What is the arithmetic growth rate of the dividends for Excellent Pizza Franchises? % (Round to two decimal places.) Assume ExxonMobil's price dropped to $35 overnight. Given the dividend growth rate of ExxonMobil of 4.00% and the last annual dividend of $1.60, what is the implied required rate of return necessary to justify the new lower market price of $35? What is the implied required rate of return necessary to justify the new lower market price of $35? % (Round to two decimal places.)

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