Charlene Owns Stock in a Company Which Has Consistently Paid

question 54

Multiple Choice

Charlene owns stock in a company which has consistently paid a growing dividend over the last five years.The first year Charlene owned the stock,she received $1.71 per share and in the fifth year,she received $2.89 per share.What is the growth rate of the dividends over the last five years? (Round to the nearest whole number)

• A) 7 percent
• B) 14 percent
• C) 12 percent
• D) 5 percent
• E) 11 percent

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Definitions:

Direct Selling

A distribution method where products are sold directly to consumers in a non-retail environment, typically through personal sales presentations.

Salesforce

A group of employees working in the sales department tasked with selling the company's products or services.

Molecular Imaging Products

Devices and substances used in molecular imaging, a technology that enables the visualization of biological processes at the molecular and cellular levels.

Promotion Mix

The combination of marketing communication tools used by a business to achieve its marketing objectives, including advertising, sales promotion, public relations, personal selling, and direct marketing.