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Security Analysis homework practice help Use Rhodes Corporation's financial statements to answer the questions below. Rhodes Corporation: Balance Sheets as of December 31 (Millions of

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Use Rhodes Corporation's financial statements to answer the questions below. Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) Assume that there are 100 million shares of common stock outstanding. The current stock price per share is $85 per share. If you need market values for other line items but they are not given above, use book values instead. a) What is the return on capital (ROC), per magic formula, for Rhodes Inc. for the year 2018? Show your calculations. b) What is the earnings yield (E) , per magic formula, for Rhodes Inc, for the year 2018? Show your calculations

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