The Following Table Shows the Price-To-Earnings Ratio for a Stereo

question 91

Multiple Choice

The following table shows the Price-to-Earnings ratio for a stereo equipment manufacturing company between 1998 and 2002. The annual percentage growth rate of the P/E ratios is also calculated and given below. Calculate the geometric mean growth rate increase or decrease over the period from 1998 to 2002.

• A) −.2592
• B) −.1395
• C) −.1816
• D) .8616
• E) .7417

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