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ABC Company has the following data: 2001 2002 2003 Book value, 12/31 $10 $12 $14 Forecasted EPS $2 $2.5 $3 Cost of capital for ABC
ABC Company has the following data:
2001 2002 2003
Book value, 12/31 $10 $12 $14
Forecasted EPS $2 $2.5 $3
Cost of capital for ABC Company is 10%.
Normal or required earnings for 2003 is
| A. | $1 | |
| B. | $1.2 | |
| C. | $1.4 | |
| D. | $3 |
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
9781292016924
