Over the past 4 years, a local firm has paid annual dividends of $1.52, $1.55, $1.60, and $1.68. What is the arithmetic average dividend growth rate?
A. 2.69 percent
B. 3.40 percent
C. 3.62 percent
D. 2.98 percent
E. 3.24 percent
Answer: B
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Whenever the population has a normal probability distribution, the sampling distribution of 
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Fact Pattern 14-2BNano Corporation offers to sell a robotic device to Motor Assembly, Inc., but mistakenly transposes some of the digits in the price so that $15,400 appears in the offer as $14,500. Motor accepts the written offer.Refer to Fact Pattern 14-2B. Motor's best argument in favor of enforcement of the contract is that
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