If a firms earnings per share grew from $1 to $2 over a 10-year period, the total

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If a firm’s earnings per share grew from $1 to $2 over a 10-year period, the total growth would be 100 percent, but the annual growth rate would be less than 10 percent true or false? Explain.

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Financial management theory and practice

ISBN: 978-0324422696

12th Edition

Authors: Eugene F. Brigham and Michael C. Ehrhardt

Question Posted: Mar 16, 2010 03:23 AM

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If a firms earnings per share grew from $1 to $2 over a 10-year period, the total

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Financial management theory and practice

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