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A Company Earned $2

Question 49

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A company earned $2.00 per share in 1995 and paid cash dividends of $1.00. In 2005, it earned $5.20 and paid a dividend of $2.16. What is the annual growth rate in earnings and dividends? If the Consumer Price Index was 100 in 1995 and 163 in 2005, has the investor's purchasing power fallen?​

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