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A company reported net income in 2012 of $350.0 million. In 2016, the company expects net income to be $446.9 million. Estimate the annual compound
A company reported net income in 2012 of $350.0 million. In 2016, the company expects net income to be $446.9 million. Estimate the annual compound growth rate of net income.
The annual compound growth rate of net income is %. (Round to two decimal places.)
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