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Over the past 6 years, a local firm has paid annual dividends of $2.12,$2.17,$2.33,$2.50,$2.76, and $3.05. What is the gecmetric average dividend growth rate? (Do

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Over the past 6 years, a local firm has paid annual dividends of $2.12,$2.17,$2.33,$2.50,$2.76, and $3.05. What is the gecmetric average dividend growth rate? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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