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Warm Water Corporation paid annual dividends of $1.30, $1.38, $1.45, $1.48, and $1.52 over the last 5 years, respectively. What is the geometric average dividend
Warm Water Corporation paid annual dividends of $1.30, $1.38, $1.45, $1.48, and $1.52 over the last 5 years, respectively. What is the geometric average dividend growth rate?
Group of answer choices
3.99 percent
2.77 percent
2.57 percent
2.11 percent
3.26 percent
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