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Radon Homes's current EPS is $8.75. It was $5.50 5years ago. The company pays out 40% of its earnings as dividends, and the stock sells

Radon Homes's current EPS is $8.75. It was $5.50 5years ago. The company pays out 40% of its earnings as dividends, and the stock sells for $48.

Calculate the historicalannual growth ratein earnings.

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