A Firm Has Paid Annual Dividends of $1

question 53

Multiple Choice

A firm has paid annual dividends of $1.34,$1.43,$1.55,$1.62,$1.64,and $1.75 per share over the past 6 years,respectively.What is the geometric average growth rate for these dividends?

• A) 5.19 percent
• B) 5.28 percent
• C) 5.48 percent
• D) 5.57 percent
• E) 5.74 percent