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How long would take to double the investment

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Reference no: EM132833023

Problem 1: Let's say Liver Corporation earned $1.57 per share in 2010 and after 8 years, in 2018, the company earned $3.10. Determines the rate of earnings per share (EPS) growth over the 8 years.

Problem 2: If an investor intends to double $25,000 by investing in a bank that pays 7% interest per year, it determines how long it would take to double the investment.

Reference no: EM132833023

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