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Question
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. -.1397
C. -.1816
D. .8616
E. .7417
Answer
This answer is hidden. It contains 2 characters.
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