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The Dividend Paid by a Company in Each Year Over

Question 7

Multiple Choice

The dividend paid by a company in each year over an 8- year period rises gradually from 50p in the first year of the period to 75p in the final year. What is the average annual growth rate over the period?


A) 0.95%
B) 1.50%
C) 5.20%
D) 0.55%

Correct Answer:

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