Holding constant all other variables and excluding any interactions among the determinants of value, which of the
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Holding constant all other variables and excluding any interactions among the determinants of value, which of the following would most likely increase a firm’s price-to-earnings multiple?
a. The risk premium increases.
b. The retention rate increases.
c. The beta of the stock increases.
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Related Book For 
Fundamentals Of Investing
ISBN: 9781292153988
13th Global Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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