Question: Question 9 2 points Save A Last year Thomson Inc's earnings per share were $3.50, and its growth rate during the prior 5 years was

Question 9 2 points Save A Last year Thomson Inc's earnings per share were $3.50, and its growth rate during the prior 5

Question 9 2 points Save A Last year Thomson Inc's earnings per share were $3.50, and its growth rate during the prior 5 years was 7.0% per year. If that growth rate were maintained, how many years would it take for Thomson's EPS to triple? (Note: EPS is calculated annually.) a. 20 years b. 15 years c. 16 years d. 19 years O e. 17 years Question 2 How much would $100, growing at 5% per year, be worth after 70 years? a. $3,073.07 b. $2,799.23 C. $2,616.67 d. $3,042.64 e. $3,499.04

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