Question: Based on the Explain it and Explore It! video in the last section, if dividends for ABC Corp. were $1.49 at the end of 2002

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 $1.49 at the end of 2002 and $2.77 at the end of 2010, what is the average compounded growth rate? The average compounded growth rate is %. (Round to two decimal places.)

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