A financial economist is investigating the relationship between earnings per share and the tenure of a firm's CEO. They have used data from 2,457 UK listed companies and obtained the following estimates: eps; = 0.50 +0.75tenurej, where eps; is earnings per share (measured in logarithms) and tenure is the number of years a CEO has been in charge of the firm. How would you interpret the tenure coefficient? Increasing tenure by 1 year increases earnings per share by 75% Increasing tenure by 1 year increases earnings per share by 0.75 A 1% increase in tenure increases earnings per share by 0.75% Increasing tenure by 1 year increases earnings per share by 0.0075 None of the above