The dividend grew from $1.10 to $1.25 over three years (NPER is 3). What was the compound annual growth in dividends? Hit: this is not the total cumulative growth, but rather the growth per year compounded. Refer back to chapter 4 where you solve for annual interest rates given a present and future value. (Answer in whole percentage rounded to two decimals #.##, e.g. enter 7.25% as 7.25)