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What is the geometric average annual growth rate

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Telsome Publishing is a small, publicly traded firm and has reported the following earnings over the last five years:

Year Current, Year - 1, Year - 2, Year - 3, Year - 4, Year - 5

Earnings (in millions) $180.00 $100.00 $150.00 $115.00 $120.00 $90.00

What is the geometric average annual growth rate over the last five years?

Reference no: EM132245345

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