A firm’s dividends have grown over the last several years. 4 years ago the firm paid a dividend of $2.
A firm’s dividends have grown over the last several years. 4 years
ago the firm paid a dividend of $2. Yesterday it paid a dividend of $4. 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