Question: Consider the table given below to answer the following question. Year 1 2 3 4 5 6 7 8 9 10 Asset value 15.00 17.10
Consider the table given below to answer the following question. Year 1 2 3 4 5 6 7 8 9 10 Asset value 15.00 17.10 19.49 22.22 24.67 27.38 30.39 32.82 35.45 38.29 Earnings 2.10 2.39 2.73 3.11 3.45 3.70 3.95 4.10 3.55 3.83 Net investment 2.10 2.39 2.73 2.44 2.71 3.01 2.43 2.63 2.84 3.06 Free cash flow (FCF) 0.67 0.74 0.68 1.52 1.48 0.71 0.77 Return on equity (ROE) 0.14 0.14 0.14 0.14 0.14 0.135 0.13 0.12
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