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Anders Owns Stock in a Company Which Has Consistently Paid

question 102

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Anders owns stock in a company which has consistently paid a growing dividend over the last 10 years.The first year Alexis owned the stock, he received $4.50 per share and in the 10th year, he received $4.92 per share.What is the growth rate of the dividends over the last 10 yearsduring this time?


Definitions:

William James

A pioneering American psychologist and philosopher known for his foundational contributions to psychology and pragmatism.

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