A company reported net income in 2009 of $350 million. In 2013 the company expects net income

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A company reported net income in 2009 of $350 million. In 2013 the company expects net income to be $441.7 million. Estimate the annual compound growth rate of net income.

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:32 AM

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A company reported net income in 2009 of $350 million. In 2013 the company expects net income

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Fundamentals of Investing

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