Question
Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 5.86% per year. If that growth
Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 5.86% per year. If that growth rate were maintained, how many years would it take for Brockman's EPS totriple?
A:10.33
B:16.09
C:14.02
D:12.75
E:19.29
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
