Question: this one should be A ? Cliff Corporation's dividends over the past six years were $0.31, $0.12, $0.40, $0.50, $0.60, and $0.70. The compound annual
Cliff Corporation's dividends over the past six years were $0.31, $0.12, $0.40, $0.50, $0.60, and $0.70. The compound annual growth rate of dividends over this period is closest to: A. 14.5%. 12 40 50 60 70 70 B. 17.7%. 31 12 40 50 60 31 C. 46.7%. End value #periods -1= compound growth rate Bgn value (0.70/0.31)1/5 - 1 = 17.69%
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