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Ten Years Ago,Lucas Inc

Question 14

Multiple Choice

Ten years ago,Lucas Inc.earned $0.50 per share.Its earnings this year were $5.00.What was the growth rate in earnings per share (EPS) over the 10-year period?


A) 19.42%
B) 21.75%
C) 25.89%
D) 32.11%
E) 29.78%

Correct Answer:

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