What is your view of this quotation: A series of positive EVA can only be a sign

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What is your view of this quotation: “A series of positive EVA can only be a sign of two things: either of a monopoly that is more or less temporary (for example a high tech development) or a poor estimation of the cost of capital”?

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Corporate Finance Theory And Practice

ISBN: 9780470721926

2nd Edition

Authors: Pierre Vernimmen, Pascal Quiry

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