finance
posted by teresa .
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.

finance 
Ms. Sue
Please do not ask the same question again after it's been answered.
http://www.jiskha.com/display.cgi?id=1297633963 
finance 
helper
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 
finance 
Ms. Sue
Please use helper's answer. Mine is probably wrong.

finance 
helper
I'm not sure either Ms. Sue after seeing your answer.
I multiplied out 10yrs at your rate and your answer is closer.
I have to think about this more. 
finance 
Anonymous
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