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Calculating Cum-Dividend Earnings: General Mills (Easy) General Mills reported earnings and paid dividends from 2006 to 2010 as follows: Calculate cum-dividend earnings per share for
Calculating Cum-Dividend Earnings: General Mills (Easy) General Mills reported earnings and paid dividends from 2006 to 2010 as follows: Calculate cum-dividend earnings per share for General Mills for each year, 20072010. Also calculate abnormal earnings growth (in dollars) for each of these years. Assume a required return of 8 percent for General Mills.
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