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Find the average annual growth rate of the dividends for each firm listed in the following table. Find the average annual growth rate of the

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Find the average annual growth rate of the dividends for each firm listed in the following table.

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Find the average annual growth rate of the dividends for each firm listed in the following table. Dividend Payment per Year Firm 2006 2007 2008 2009 2010 2011 Loewen $1.00 $1.06 $1.30 $1.21 $1.25 $1.31 Morse $1.12 $1.00 $0.90 $1.20 $1.35 $1.45 Huddleston $1.50 $2.00 $3.70 $3.75 $3.90 $4.50 Meyer $2.40 $2.20 $2.00 $2.74 $2.85 $2.90 What is the average annual growth rate of the dividends paid by Loewen? % (Round to two decimal places.)

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