The following is a linear trend fitted to a series expressed in logs. = log(Tₜ) 3.9711 +0.038t where t is expressed in years. What is the annual growth rate of the trend in percentage? Round your answer to the nearest second decimal. The annual growth rate of the trend in percentage is

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 8MC: Use the extended DuPont equation to provide a breakdown of Computrons projected return on equity....
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The following is a linear trend fitted to a series expressed in logs. = log(Tₜ) 3.9711 +0.038t where t is expressed in years. What is the annual growth rate of the trend in percentage? Round your answer to the nearest second decimal. The annual growth rate of the trend in percentage is
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