Question

Over the past 5 years, DL Insulation has paid annual dividends of $1.40, $1.55, $1.70, $1.73, and $1.77 per share. What is the geometric average dividend growth rate for this period?
A. 4.80 percent
B. 5.79 percent
C. 5.88 percent
D. 6.04 percent
E. 6.33 percent

Answer

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