Microsoft earned $0.94 per share in 2002. Ten years later in 2012 it earned $2.72. What was

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Microsoft earned $0.94 per share in 2002. Ten years later in 2012 it earned $2.72.

What was the growth rate in Microsoft’s earnings per share (EPS) over the 10-year period? If EPS in 2012 had been $2.25 rather than $2.72, what would the growth rate have been?

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