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Question
A firm has paid annual dividends of $1.32, $1.43, $1.55, $1.62, $1.64, and $1.70 per share over the past 6 years, respectively. What is the geometric average growth rate for these dividends?A. 5.19 percent
B. 5.28 percent
C. 5.48 percent
D. 5.57 percent
E. 5.74 percent
Answer
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