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Which of the following is true? a) PV decreases as the interest rate increases. b) Neither PV or FV are impacted by changes in the

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Which of the following is true? a) PV decreases as the interest rate increases. b) Neither PV or FV are impacted by changes in the interest rate. c) PV increases as the interest rate increases. Od) FV decreases as the interest rate increases. e) FV increases as the interest rate decreases. Question 32 (2 points) In 2011, White Cap Inc, paid a dividend of $1.01 per share. Seven years later in 2018, the firm paid a dividend of $1.98 to common shareholders. What is the approximate average annual compound growth rate of White Cap's dividends over this time period? a) 8.78% Ob) 10.09% Oc) 10.00% Od) 13.86% O e) 2.00%

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