How does a firm compute its priceto- earnings ratio? Why does a high price-to-earnings ratio indicate that

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How does a firm compute its priceto-

earnings ratio? Why does a high price-to-earnings ratio indicate that the stock market thinks the firm will grow?

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Entrepreneurship Successfully Launching New Ventures

ISBN: 9781292255330

6th Global Edition

Authors: R. Duane Ireland, Bruce R. Barringer

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