You bought a share of a company's stock for $45.87. You expect it to pay...
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You bought a share of a company's stock for $45.87. You expect it to pay dividends of $74.50, $79.9162, $85.7261, and $91.9583 in Years 1, 2, 3, and 4, respectively, and you expect to sell it at a price of $10,194.62 at the end of 77 years. Calculate the annual growth rate in dividends. 6.47% 4,45% 9.50% 7.27% 7.00%
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