Save Submit Assignment to b Multiple Choice 05-088 Question 19 of 20 Last year Thomson Inc's earnings per share were $3.50, and its growth rate during the prior 5 years was 9.6% per year. If that growth rate were maintained, how many years would it take for Thomson's EPS to triple? a. 10.55 O b. 10.67 O c. 13.06 O d. 12.94 O e 11.98 OO Your father's employer was just acquired, and he was given a severance payment of $442,500, which he invested at a 7.5% annual rate. He now plans to retire, and he wants to withdraw $35.000 at the end of each year, starting at the end of this year. How many years will it take to exhaust his funds, i.e., run the account down to zero? O a. 45.85 O b. 31.52 O c. 40.94 O d. 31.11 O e. 48.31