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Earnings per share in the first year of operation are $0.26. Four years later EPS was up to $0.38, and 7 years after that EPS
Earnings per share in the first year of operation are $0.26. Four years later EPS was up to $0.38, and 7 years after that EPS was up to $0.535. It appears that the first 4 years represented a supernormal growth situation and since then a more normal growth rate has been sustained. What are the rates of growth for the earlier period and the later period?
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