10. An analyst presents you with the following pro forma (in millions of dollars) that...
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10. An analyst presents you with the following pro forma (in millions of dollars) that gives her forecast of earnings and dividends for 2013-2017. She asks you to value the 1,380 million shares outstanding at the end of 2012 , when common shareholders' equity stood at $4,310 million. Use a required rate of return for equity of 10 percent in your calculations. Forecasted residual income for year 2017 is: a. 129.9
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