If shares of both a high-tech startup company and the Royal Bank promised cash flow of $2

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If shares of both a high-tech startup company and the Royal Bank promised cash flow of $2 per share over the next year, for which shares would you be prepared to pay the higher price? Why?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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