Referring back to the Merrill Lynch example used at the beginning of the chapter, note that we
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Referring back to the Merrill Lynch example used at the beginning of the chapter, note that we suggested that Merrill Lynch’s stockholders probably didn’t suffer as a result of the reported loss. What do you think was the basis for our conclusion?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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