Growth rate in earnings per share (


Ten years ago, Lucas Inc. earned $0.50 per share. Its earnings this year were $2.20. What was the growth rate in earnings per share (EPS) over the 10-year period?

a.15.17%

b.15.97% *

c.16.77%

d.17.61%

e.18.49%

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Finance Basics: Growth rate in earnings per share (
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