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PLEASE EXPLAIN THE PROCESS AND ANSWER, THERE ARE SO MANY DIFFERENT ANSWER IN CHEGG Question 12 Stock A has an earnings of $5 per share

PLEASE EXPLAIN THE PROCESS AND ANSWER, THERE ARE SO MANY DIFFERENT ANSWER IN CHEGG

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Question 12 Stock A has an earnings of $5 per share at year 1. The interest rate is 20%, and the return on equity is 25%. If there is no plow-back, what is the book value of equity per share at the beginning of year 10 ? Answer saved Points out of 1.00 Select one: P Flag question a. $20.00 b. $21.00 O c. $22.00 O d. $23.00 O e. none of the above Clear my choice

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