Problemover the past 7 years the dividends of a company, Ask an Expert

Accounting

Problem:

Over the past 7 years the dividends of a company have grown from $0.24 to the current level of $.53.

Requirement:

Question: What is the approximate annual compound growth rate of dividends for this company?

Note: Explain in detail and show all computations in proper way.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167788

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