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An analyst prepares the following reformulated balance sheet (in millions): Core NOPAT for 2012 was $990 million. The required return for operations (rw) is 9

An analyst prepares the following reformulated balance sheet (in millions): Core NOPAT for 2012 was $990 million. The required return for operations (rw) is 9 percent. For ease, use beginning-of-year balance sheet numbers where pertinent in calculations. B. Calculate a growth rate for residual operating income for 2013 based on the growth in net operating assets. (5 points) E. What is the value of common equity? (

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