11-62. To determine an indicated value using the capitalization of earnings method: a. The proxy benefit is

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11-62. To determine an indicated value using the capitalization of earnings method:

a. The proxy benefit is divided by an appropriate capitalization rate

b. A stream of future benefits is discounted using the capitalization rate

c. A stream of future benefits is discounted using the discount rate

d. None of the above are correctly stated

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Forensic Accounting

ISBN: 9781292059372

1st Global Edition

Authors: Robert J. Rufus, Bill Hahn, Laura Savory Miller, William Hahn

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