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Xiao Xin owns stock in a company which has paid the annual dividends shown in below table calculate the growth rate of these dividends. Year

Xiao Xin owns stock in a company which has paid the annual dividends shown in below table calculate the growth rate of these dividends.

Year Dividends ($)

2003 2.89

2002 2.53

2001 2.22

2000 1.95

1999 1.71

1998 1.50

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