Question: Consider the table given below to answer the following question. Year 1 2 3 4 5 6 7 8 9 10 Asset value 9.00 10.17
Consider the table given below to answer the following question. Year 1 2 3 4 5 6 7 8 9 10 Asset value 9.00 10.17 11.49 12.99 14.28 15.71 17.28 18.49 19.79 21.17 Earnings 1.17 1.32 1.49 1.69 1.86 1.96 2.07 2.13 1.78 1.91 Net investment 1.17 1.32 1.49 1.30 1.43 1.57 1.21 1.29 1.39 1.48 Free cash flow (FCF) 0.39 0.43 0.39 0.86 0.83 0.40 0.42 Return on equity (ROE) 0.13 0.13 0.13 0.13 0.13 0.125 0.12 0.115
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