=+Firm A has a stock market value of 20m (number of shares in issue x share price),
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=+Firm A has a stock market value of £20m (number of shares in issue x share price), while firm B is valued at £15m. The firms have similar profit histories:
Firm A Firm B
2001 1.5 1.8 2002 1.6 1.0 2003 1.7 2.3 2004 1.8 1.5 2005 2.0 2.0
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Related Book For 
Corporate Financial Management And How To Write Essays And Assignments
ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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