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Question 12 (4 points) Listen A firm now has a book value per share of $100. This next year earnings per share is forecast to

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Question 12 (4 points) Listen A firm now has a book value per share of $100. This next year earnings per share is forecast to be $10. If this firm's required return on equity is 9.0%, then this firm is forecast to have Residual Income greater than zero. 1) True 2) False

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