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Author Question: How many years would it take $60todoubleif it were invested in a bank that pays 3.3% per year? (Read 39 times)

jacob816

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on: Aug 7, 2023

Question 1

Eightyears ago, Levin Inc. earned $0.60per share. Its earnings this year were $2.40per share. What was the growth rate in Levin’s earnings per share (EPS) over the 8-year period?

◦

18.92%


◦

18.77%


◦

17.61%


◦

17.49%



Question 2

How many years would it take $60todoubleif it were invested in a bank that pays 3.3% per year?

◦

22.26


◦

22.58


◦

21.98


◦

21.35

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by jacob816 on Aug 7, 2023

sadoniam

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jacob816

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

epscape

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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