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Consider the following information on a firm: Beginning book value = $100,000; Ending book value = $200,000; Total abnormal earnings = $100,000; Cumulative present value
Consider the following information on a firm: Beginning book value = $100,000; Ending book value = $200,000; Total abnormal earnings = $100,000; Cumulative present value of abnormal earnings = $80,000. Based on this information, what would be the equity value of this firm
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