Referring back to the Microsoft example used at the beginning of the chapter, note that we suggested

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Referring back to the Microsoft example used at the beginning of the chapter, note that we suggested that Microsoft’s stockholders probably didn’t suffer as a result of the reported loss. What do you think was the basis for our conclusion?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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