Calculating cum-dividend earnings general mills easy, Finance Basics

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Calculating cum-dividend earnings general mills easy

Question: Calculating Cum-Dividend Earnings: General Mills (Easy) General Mills reported earnings and paid dividends from 2006 to 2010 as follows:

Calculate cum-dividend earnings per share for General Mills for each year, 2007- 2010. Also calculate abnormal earnings growth (in dollars) for each of these years. Assume a required return of 8 percent for General Mills.

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