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Given the following information, what is the average annual dividend growth rate? Year 2001 2002 2003 2004 2005 2006 Dividend $2.50 $2.60 $2.65 $2.78 $2.89

Given the following information, what is the average annual dividend growth rate? Year 2001 2002 2003 2004 2005 2006 Dividend $2.50 $2.60 $2.65 $2.78 $2.89 $3.05 A. 3.0% B. 3.8% C. 4.1% D. 4.6% E. 5.4%

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