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Question
The Brown Jug has paid annual dividends of $0.61, $0.64, $0.71, $0.82, and $0.88 per share over the past 5 years, respectively. What is the geometric average dividend growth rate for this period?A. 8.51 percent
B. 8.97 percent
C. 9.10 percent
D. 9.59 percent
E. 10.21 percent
Answer
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