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5. The relationship between the Price/Book (PB) and Long-term Debt/Capital (LTD) is shown below. PB = 3.56 -0.113(LTD) +0.002(LTD) What level of Long-term Debt/Capital will
5. The relationship between the Price/Book (PB) and Long-term Debt/Capital (LTD) is shown below. PB = 3.56 -0.113(LTD) +0.002(LTD) What level of Long-term Debt/Capital will minimise the Price/Book ratio of firms
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
