An analyst gathers the following information about a company:
| | Year 1 | Year 2 | Year 3 | Year 4 |
|---------------|--------|--------|--------|--------|
| Book value per share | $40.00 | $42.00 | $45.00 | $48.00 |
| ROE | 12.00% | 7.62% | 12.89% | 8.33% |
Over the 4-year period, the normalized EPS by the method of average ROE is closest to: | Chartered Financial Analyst Level 2 Quiz - LeetQuiz
Chartered Financial Analyst Level 2
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An analyst gathers the following information about a company:
Year 1
Year 2
Year 3
Year 4
Book value per share
$40.00
$42.00
$45.00
$48.00
ROE
12.00%
7.62%
12.89%
8.33%
Over the 4-year period, the normalized EPS by the method of average ROE is closest to: