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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

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

$1.04

$1.06

$1.10

$1.20

$1.25

$1.35

Morse

$1.10

$0.90

$0.90

$1.10

$1.20

$1.45

Huddleston

$1.50

$2.50

$3.50

$3.90

$3.90

$4.50

Meyer

$2.40

$2.00

$2.00

$2.75

$2.80

$3.00

.

What is the average annual growth rate of the dividends paid by Loewen?

_________% (Round to two decimal places.)

Morse

Huddleston

Meyer

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