Herbert, Inc. expects to generate earnings over the next five years of P50,000; P60,000; P65,000; P70,000 and
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Question:
Herbert, Inc. expects to generate earnings over the next five years of P50,000; P60,000; P65,000; P70,000 and P75,000. Using the Capitalization of Earnings Method, what is the estimated value of the firm using 8.00% required rate of return?
a. 800T
b. 700T
c. 600T
d. 500T
Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780134684840
14th Edition
Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan
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