Dennison Mfg

question 44

Multiple Choice

Dennison Mfg. pays annual dividends. For the past six years, the firm has paid dividends of $1.10, $1.15 $1.20, $1.25, $1.30, and $1.35, respectively. What is the geometric average dividend growth rate for this time period?

• A)3.51%
• B)4.18%
• C)4.94%
• D)5.07%
• E)6.03%

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