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Bait 'N Tackle Started Paying Dividends 4 Years Ago

Question 96

Multiple Choice

Bait 'n Tackle started paying dividends 4 years ago.The annual dividends thus far have been $0.50,$0.55,$0.60,and $0.65,respectively.What is the arithmetic average dividend growth rate?


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

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