Question: Based on the Explain It and Explore It! video in the last section, if dividends for ABC Corp. were $1.29 at the end of 2003

Based on the Explain It and Explore It! video in the

Based on the Explain It and Explore It! video in the last section, if dividends for ABC Corp. were $1.29 at the end of 2003 and $3.12 at the end of 2008, what is the average compounded growth rate? The average compounded growth rate is %. (Round to two decimal places.)

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