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P7-19 (similar to) Find both the arithmetic growth rate and the geometric growth rate of the dividends for Alexander's Markets. (Click on the following icon

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P7-19 (similar to) Find both the arithmetic growth rate and the geometric growth rate of the dividends for Alexander's Markets. (Click on the following icon in order to copy its contents into a spreadsheet.) 2001 2002 2009 2010 Year Dividend 2003 $3.02 2004 $4.13 2005 $5.25 2006 $6.06 2007 $7.14 2008 $8.05 $1.49 $2.25 $7.64 $7.46 What is the arithmetic growth rate of the dividends for Alexander's Markets? 1% (Round to two decimal places.)

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