Questions Which of the following statement is not correct Estimated values based on the counted abnormalearings method will be affected by accounting choice because accounting choices affect the sings or book According to the CAPM model higher beta stocks have a greater cost of equity, and lower beta stocks have a lower cout of equity Valuation can be used as a very effective business tool by management for better decision making throughout the dife of the enterprise. The equity value to book ratio is a function of (a) future retums on equity, (b) future book value of equity growth rates, and (c) the cost of acuty Moving to another question will save this response MacBook Air ** wo 235 Fa ( NE 2 3 $ 4 r % 50 6 7 8 N W -- E R Y // Z Cos ) >>