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Verispace Software sells inventory management software and reported revenues of $25 million in the most recent financial year. You estimate that the total mar- ket

Verispace Software sells inventory management software and reported revenues

of $25 million in the most recent financial year. You estimate that the total mar-

ket for inventory management software to be $25 billion, growing at 5% a year

for the foreseeable future. If you expect Verispace to have 10% market share of

this market in 10 years, estimate the compounded revenue growth rate over that

period.

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