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Bait 'N Tackle Started Paying Dividends 4 Years Ago

Question 74

Multiple Choice

Bait 'n Tackle started paying dividends 4 years ago. The annual dividends thus far have been $.50, $.55, $.60, and $.65, respectively. What is the arithmetic average dividend growth rate?


A) 6.33%
B) 8.58%
C) 9.14%
D) 10.80%
E) 11.13%

Correct Answer:

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