Consider the following data for the airline industry for December 2015 (EV = enterprise value, Book =

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Consider the following data for the airline industry for December 2015 (EV = enterprise value, Book = tangible book value). Discuss the challenges of using multiples to value an airline.

Consider the following data for the airline industry for December


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Corporate Finance

ISBN: 978-0134083278

4th edition

Authors: Jonathan Berk, Peter DeMarzo

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