Question

In: Finance

Find both the arithmetic growth rate and the geometric growth rate of the dividends for Custer's...

Find both the arithmetic growth rate and the geometric growth rate of the dividends for Custer's Ice Cream Shoppes.

  

in order to copy its contents into a​ spreadsheet.)

Year

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Dividend

​$1.47

​$2.49

​$3.25

​$4.14

​$5.76

​$6.06

​$7.06

​$8.39

​$7.89

​$6.53

What is the arithmetic growth rate of the dividends for Ice Cream Shoppes​?

Solutions

Expert Solution

Therefore, Arithmetic Mean = 20.4197% & Geometric Mean = 18.0199%


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