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A . ) Create a user - defined function in EXCEL to calculate the value of a common stock using the earnings model that was
ACreate a userdefined function in EXCEL to calculate the value of a common stock using the earnings model that was introduced in Chapter on page BWhat arguments will you need to accept in order to implement equation exactly as it is displayed? Picture of equation is attached CNow change your function so that it requires the retention ratio, instead of the expected retained earnings.
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