An analyst presents James with the following proforma (in millions of dollars) that gives her forecast of earnings and dividends for 2020-2022. The required equity return is 15%. The book value of the common equity at the end of 2019 was $2,000 million, and the number of shares outstanding was 200 million shares. 2020E 2021E 2022E Earnings Dividends 500.000 340.000 540.000 367.200 583.200 396.576 Question 11 (4 points) What is the book value in 2021 (in millions of dollars)? $2,332.80 O $3.067.20 $2,700.00 $2,292.80 Question 12 (4 points) What is the return on common equity (ROCE) in 2022? 22.00% 18.23% 25.00% 23.15% Question 13 (4 points) What is the residual earnings in 2022 (in millions of dollars)? $233.28 $229.28 $306.72 $270.00