Question
A company had the following earnings per share: Year 1: $4.50 Year 2: $5.00 Year 3: $4.75 Year 4: $5.35 Year 5: $5.50 What was
A company had the following earnings per share:
Year 1: $4.50
Year 2: $5.00
Year 3: $4.75
Year 4: $5.35
Year 5: $5.50
What was the company's compound annual growth rate from Year 1 to Year 5?
Group of answer choices
5.4%
4.1%
5.6%
5.1%
4.4%
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
