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Question 4 Answer saved A firm announced that its net income is much higher than expected. The company's share price jumped higher after the announcement.
Question 4 Answer saved A firm announced that its net income is much higher than expected. The company's share price jumped higher after the announcement. Based on the discounted abnormal earnings model, what could be a reason for the increase in the share price? Marked out of 1.00 Flag question Select one: a. A higher ROE O b. A higher growth rate O c. A lower discount rate O d. All of the above Clear my choice
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