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Ten years ago, Kronan Corporation earned $0.50 per share. Its earnings this year were $3. What was the growth rate in earnings per share (EPS)

Ten years ago, Kronan Corporation earned $0.50 per share. Its earnings this year were $3. What was the growth rate in earnings per share (EPS) over the 10-year period?

Select the correct answer.

a. 19.62%
b. 23.62%
c. 17.62%
d. 21.62%
e. 15.62%

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