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If a firms earnings per share grew from $1 to $2 over a 10-year period, the total growth would be 100%, but the annual growth
If a firms earnings per share grew from $1 to $2 over a 10-year period, the total growth would be 100%, but the annual growth rate would be less than 10%. True or false? Explain.(Hint: If youarentsure, plug in some numbers and check it out.)
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