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  3. the expected abnormal earnings of a firm that has

The expected abnormal earnings of a firm that has earnings of $40,000 with a required...

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Accounting

The expected abnormal earnings of a firm that has earnings of $40,000 with a required equity cost of capital of 8% and a beginning book value of $800,000 is

Multiple Choice

  • $(64,000)

  • $(24,000)

  • $104,000

  • $40,000

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