Question
need help finding the equation to use in excel. A firm's dividends have grown over the last several years. 9 years ago the firm paid
need help finding the equation to use in excel. A firm's dividends have grown over the last several years. 9 years ago the firm paid a dividend of $2. Yesterday it paid a dividend of $4. What was the average annual growth rate of dividends for this firm?
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
