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Last Year Mason Corp's Earnings Per Share Were $2

Question 90

Multiple Choice

Last year Mason Corp's earnings per share were $2.50,and its growth rate during the prior 5 years was 9.0% per year.If that growth rate were maintained,how many years would it take for Mason's EPS to double?


A) 5.86
B) 6.52
C) 7.24
D) 8.04

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