Knit 'N Needle Started Paying Dividends 4 Years Ago

question 69

Multiple Choice

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

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