What has been the compound annual rate of growth of a firm's annual dividend if $16$ years ago the dividend was $$0\mathrm{.}50$ per share and it's most

recent dividend was $$3\mathrm{.}60?$

A$)15\mathrm{.}29\%$

B$)-11\mathrm{.}16\%$

C$)$ None of the listed items is correct

D$)11\mathrm{.}16\%$

E$)13\mathrm{.}13\%$