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DoveNinja763537 DoveNinja763537
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Josh purchased 100 shares of XOM at the beginning of 2016.  He received dividends per share of $1.37 (2016), $1.55 (2017), $1.66 (2018), $1.74 (2019), $1.85 (2020).  At the end of 2020, just after receiving the last dividend, he sold the stock for $84.76.  At what rate did the dividends grow from the end of 2016 to the end of 2020?  Assume that all dividends were received at the end of the year.

▸ 7.8%

▸ 6.2%

▸ 13.1%

▸ 35%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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pigglyoink14pigglyoink14
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DoveNinja763537 Author
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3 years ago
Correct Slight Smile TY
Kstan109
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Yesterday
Smart ... Thanks!
yen
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2 hours ago
this is exactly what I needed
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