Over the Past 4 Years, a Local Firm Has Paid

question 4

Multiple Choice

Over the past 4 years, a local firm has paid annual dividends of $1.62, $1.65, $1.70, and $1.74. What is the arithmetic average dividend growth rate?

• A) 1.69 percent
• B) 1.98 percent
• C) 2.24 percent
• D) 2.41 percent
• E) 2.62 percent

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