Question

Blue Water Tours has paid annual dividends of $2.10, $2.12, $2.15, $2.15, and $2.22 over the past 5 years, respectively. What is the arithmetic average growth rate for these dividends?
A. 1.08 percent
B. 1.41 percent
C. 1.57 percent
D. 1.70 percent
E. 1.73 percent

Answer

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