asked 58.1k views
2 votes
Dividend growth rate is important to many investors. you are considering investing in a firm after looking at the firm's dividends over a seven-year period. at the end of the year 2002, the firm paid a dividend of $1.15. at year-end 2009, it paid a dividend of $1.84. what was the average annual growth rate of dividends for this firm?

1 Answer

6 votes
the answer to this is 6.94%
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