The current value of a company is $25 million. if the value of the company six years ago was $10 million, what is the company’s mean annual growth rate over the past six years

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.2: Future Values
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The current value of a company is $25 million. if the value of the company six years ago was $10 million, what is the company’s mean annual growth rate over the past six years

The current value of a company is $25 million. If the value of the company six year ago was
$10 million, what is the company's mean annual growth rate over the past six years?
Transcribed Image Text:The current value of a company is $25 million. If the value of the company six year ago was $10 million, what is the company's mean annual growth rate over the past six years?
The current value of a company is $25 million. If the value of the company six year ago was
$10 million, what is the company's mean annual growth rate over the past six years?
Transcribed Image Text:The current value of a company is $25 million. If the value of the company six year ago was $10 million, what is the company's mean annual growth rate over the past six years?
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