Rate of Growth: Link Net, Inc

Multiple Choice

Rate of growth: Link Net, Inc. just generated earnings per share of $3.75 for the fiscal year ending September 30, 2010. The firm is expected to achieve earnings per share of $8.76 in 5-years. At what rate will Link Net, Inc.'s earnings per share be growing over this 5-year period? (Round off to the nearest 1/10 percent)

A) 15.7%
B) 18.5%
C) 21.3%
D) 13.4%