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From 1996 through 2000, Ryder Corp. only paid one dividend at the end of 1997, of $1.65 per share. Before that, at the end of

From 1996 through 2000, Ryder Corp. only paid one dividend at the end of 1997, of $1.65 per share. Before that, at the end of 1995, Ryder paid a dividend of $1.50. At the start of 2001, Ryder Corp. paid a dividend of $2.20. Using only this information, what would be the best estimation of Ryder' s dividend growth rate?

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47%

70%

10%

8%

6.6%

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