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At the beginning of 2022 , Company C has a book value of $100 Billion. You forecast Company C will earn $13 Billion of net

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At the beginning of 2022 , Company C has a book value of $100 Billion. You forecast Company C will earn $13 Billion of net income for 2022 . Your estimate of Company C's cost of equity is 10%. What is Company C's residual income for 2022? \$13 Billion $23 Billion $10 Bilition $3 Billion

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