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Gradishar Works pays annual dividends. For the past six years, the firm has paid dividends of $1.38, $1.42 $1.25, $1.48, $1.50, and $1.55, respectively. What

Gradishar Works pays annual dividends. For the past six years, the firm has paid dividends of $1.38, $1.42 $1.25, $1.48, $1.50, and $1.55, respectively. What is the geometric average dividend growth rate for this time period? 

Multiple Choice 
2.95% 
3.25% 
3.52% 
4.02% 
4.18%


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