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    Annual rate of growth of earnings per share

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    If a corporation reported earnings per share of $8.00 in 1990 and $20 in 2001, what annual rate did earnings per share grow over this period? How would you determine how to solve this problem/ formulas used?

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    Solution Preview

    EPS = $8.00 in 1990
    EPS= $20.00 in 2001
    No of years elasped= 2001-1990 = 11 years
    Therefore EPS growth ...

    Solution Summary

    The solution calculates annual rate of growth of earnings per share.

    $2.19

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