Brockman Corporation's Earnings Per Share Were $3

question 37

Multiple Choice

Brockman Corporation's earnings per share were $3.50 last year, 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 Brockman's EPS to triple?

• A) 9.29
• B) 10.33
• C) 11.47
• D) 12.75
• E) 14.02

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