What was the average annual growth rate of dividends

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Question: A firm's dividends have grown over the last several years. 9 years ago the firm paid a dividend of $1. Yesterday it paid a dividend of $7. What was the average annual growth rate of dividends for this firm? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131798012

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