# finance

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If general cereal common stock dividend was 0.79 in 2000 and the last dividend paid was 1.55 in 2010, what is the annual growth rate.

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http://www.jiskha.com/display.cgi?id=1297633963

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1.55 - .79 = .76 increase in 10 yrs
0.76/0.79 = 0.962025 = 96.2025% increase in 10 years

96.2025%/10 = annual growth rate

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