Question

Find the average annual growth rate of the dividends for each firm listed in the following table. Dividend Payment per Year Firm 2006 2007 2008 2009 2010 2011 Loewen ​$1.02 ​$1.06 ​$1.10 ​$1.22 ​$1.25 ​$1.35 Morse ​$1.00 ​$1.00 ​$0.80 ​$1.30 ​$1.20 ​$1.35 Huddleston ​$1.50 ​$2.25 ​$3.50 ​$3.75 ​$4.00 ​$4.50 Meyer ​$2.40 ​$2.00 ​$2.60 ​$2.75 ​$2.85 ​$2.97

Answer 1

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