It is now 31 December 20X8. RST has just paid a dividend of 45 cents per share. RST pays a single dividend on the last day of each year. Past dividends paid by RST were 31 December 20X7 - 42 cents per share 31 December 20X6 - 41 cents per share 31 December 20X5 - 38 cents per share 31 December 20X4 - 35 cents per share What is the past average growth in dividends paid by RST? Solution A.7.14 per cent. B.6.48 per cent. C.5.71 per cent. D.5.15 per cent