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From 2010 to 2015 Steller Strollers, Inc., has paid dividends of $1.07, $1.11, $1.18, $1.26, $1.35, and $1.42. Use an Excel spreadsheet, like this template

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From 2010 to 2015 Steller Strollers, Inc., has paid dividends of $1.07, $1.11, $1.18, $1.26, $1.35, and $1.42. Use an Excel spreadsheet, like this template to find Steller's historical dividend growth rate. The historical dividend growth rate is % (Round to two decimal places.) i Data Table GROWTH RATE FOR A DIVIDEND STREAM Dividend Annual Growth Rate RATE(AB-A3).O. - B3,88,0) Entry in cell 9 -RATE((AS-A310,-B3,88,0). The expression (A8-A3) in the entry calculates the number of years of growh. The minus sign appears before 83 because the dividend in 2010 is treated as a cash outflow Print Done

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