General Mills reported earnings and paid dividends from 2004 to 2008 as follows: Calculate cum-dividend earnings for

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General Mills reported earnings and paid dividends from 2004 to 2008 as follows:

General Mills reported earnings and paid dividends from 2004 to

Calculate cum-dividend earnings for General Mills for each year, 2005-2008. Also calculate abnormal earnings growth for each of these years. Assume a reinvestment rate for dividends of 10percent.

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