Question: please answer in detail QUESTION 1 11 points A fim camed 8484 million in 2021 on a beginning book value of common cquity of $2,600

please answer in detail

QUESTION 1 11 points A fim camed 8484 million in 2021 on a beginning book value of common cquity of $2,600 million. The fim paid no dividends and had no stock transactions during that year. It has a required return for its equity of 12%. At the end of 2021, its shares traded at a trailing PE of 15.0 .) What growth rate in future residual camnings is implied by this P/E ratio of 15.07 b) At this growth rate, what is the return on common equity forecasted for 2022? For the toolbar, press ALT F10 (PC) or ALT.PN-F10 (MSC BIU. Paragraph Open Sans... 10pt A X X, 8. 1 1 1992 .) I. K 2 + + G WORDS POWERED BY TINY

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