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Question
Knit "n Needle started paying dividends 4 years ago. The annual dividends thus far have been $0.25, $0.27, $0.30, and $0.33, respectively. What is the arithmetic average dividend growth rate?A. 6.33 percent
B. 8.58 percent
C. 9.70 percent
D. 10.80 percent
E. 11.17 percent
Answer
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