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A Study by Zion and Carcache of Credit Suisse First

Question 37

Multiple Choice

A study by Zion and Carcache of Credit Suisse First Boston estimated that if the companies included in the Standard & Poor's 500 index had replaced the ROA projections for their pension plans with the plans' actual performance, the companies' aggregate reported earnings would have ________.


A) increased greatly.
B) increased moderately.
C) declined.
D) remained the same.

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