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[单选题]

A company reports its past six years earnings growth at 10%, 14%, 12%, 10%, -10%, and 12%. The companys average compound annual growth rate of earnings is closest to:

A.7.7%.

B.8.0%.

C.8.5%.

答案
A、7.7%.
解析:Geometric mean = [(1.10)(1.14)(1.12)(1.10)(0.90)(1.12)] 1/6 - 1 = 0.0766, or 7.66%
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