Multiple Choice
The following table shows the Price-to-Earnings ratio for a stereo equipment manufacturing company between 1998 and 2002.The annual percentage growth rate of the P/E ratios is also calculated and given below. Calculate the geometric mean growth rate increase or decrease over the period from 1998 to 2002.
A) -.2592
B) -.1397
C) -.1816
D) .8616
E) .7417
Correct Answer:

Verified
Correct Answer:
Verified
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