A firms dividends have grown over the last several years 4, Finance Basics

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A firms dividends have grown over the last several years 4

Question: A firm's dividends have grown over the last several years. 4 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? Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)

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Finance Basics: A firms dividends have grown over the last several years 4

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Finance Basics: A firms dividends have grown over the last several years 4

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