Explain the possible firms earnings annual growth
Assignment:
If a firm's earnings per share grew from $1 to $2 over a 10 year period, the total growth would be 100%, but the annual growth rate would be less than 10%. Is this a true statement? Explain how that's possible?
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If a firm's earnings per share grew from $1 to $2 over a 10 year period, the total growth would be 100%, but the annual growth rate would be less than 10%.
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