Find both the arithmetic growth rate and the geometric growth rate of the dividends for Wal-Mart. (Click on the following icon in order to copy its contents into a spreadsheet.) 2001 2002 2003 2004 2005 Near Dividend $0.280 $0.300 $0.360 $0.520 $0.600 What is the arithmetic growth rate of the dividends for Wal-Mart? % (Round to two decimal places.) 2006 2008 2007 $0.672 $0.880 $0.952 2009 $1.092 2010 $1.212

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter14: Distributions To Shareholders:dividends And Share Repurchases
Section: Chapter Questions
Problem 4TCL: Investors are more concerned with future dividends than historical dividends, so go to ESTIMATES and...
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Find both the arithmetic growth rate and the geometric growth rate of the dividends for Wal-Mart.
(Click on the following icon in order to copy its contents into a spreadsheet.)
Year
2004
2006
2007
2008
2009
2010
2001
2002
2003
2005
Dividend $0.280 $0.300 $0.360 $0.520 $0.600 $0.672 $0.880 $0.952 $1.092 $1.212
What is the arithmetic growth rate of the dividends for Wal-Mart?
% (Round to two decimal places.)
Transcribed Image Text:Find both the arithmetic growth rate and the geometric growth rate of the dividends for Wal-Mart. (Click on the following icon in order to copy its contents into a spreadsheet.) Year 2004 2006 2007 2008 2009 2010 2001 2002 2003 2005 Dividend $0.280 $0.300 $0.360 $0.520 $0.600 $0.672 $0.880 $0.952 $1.092 $1.212 What is the arithmetic growth rate of the dividends for Wal-Mart? % (Round to two decimal places.)
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