Question: Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Dividend $ 7.46 $ 7.91 $ 8.38 $ 8.80 $ 9.24 $ 9.70 $

Year	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010
Dividend	$ 7.46	$ 7.91	$ 8.38	$ 8.80	$ 9.24	$ 9.70	$ 10.28	$ 10.79	$ 11.33	$ 12.01

Find both the arithmetic growth rate and the geometric growth rate of the dividends for Davy's Crock Pot Stores. Assuming the January 1, 2011 price of the stock is $110.00, determine the current required rate of return for the company (use the geometric growth rate to calculate the required return.)

What is the arithmetic growth rate of the dividends for Davy's Crock Pot Stores? (Round to two decimal places.)

What is the geometric growth rate of the dividends for Davy's Crock Pot Stores? Round to two decimal places.)

What is the required rate of return for Davy's Crock Pot Stores? Round to two decimal places.)

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