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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Related Book For
Forensic Accounting
ISBN: 9781292059372
1st Global Edition
Authors: Robert J. Rufus, Bill Hahn, Laura Savory Miller, William Hahn
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