What was market forecast of the residual earning growth rate

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Question: Reverse Engineering Growth Rates: Dell, I nc. (Easy) In September 2008, Dell's shares traded at $20.50 each. In its last annual report, Dell had reported book value of $3,735 million with 2,0 60 million shares outstanding. Analysts were forecasting earnings per share of $1.4 7 for fiscal year 2009 and $1. 77 for 2010. Dell pays no dividends. Given the analysts' forecasts, what was the market forecast of the residual earnings growth rate after 2010?

Reference no: EM131490728

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