Question
13. If firm A has a higher plowback ratio than firm B, then firm A will tend to have ___________ P/E ratio than firm B,
13. If firm A has a higher plowback ratio than firm B, then firm A will tend to have ___________ P/E ratio than firm B, other things being equal.
Multiple Choice
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a higher
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a lower
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an unchanged
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The answer cannot be determined from the information given.
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
