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21. Which of the following indicates that KFPs management is creating value for its shareholders? A. The firm has a market-to-book value that is less
21. Which of the following indicates that KFPs management is creating value for its shareholders?
A. The firm has a market-to-book value that is less than or equal to 1. B. The firm has a AAA bond rating. C. The firm's ROE is greater than its ROA. D. The firm's cost of equity is greater than its WACC. E. The firm's expected ROE is greater than it cost of equity
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