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A company forecast to have negative economic value added (EVA) forever, will be trading at EV/Capital ratio that is greater than one. (All else equal.)
A company forecast to have negative economic value added (EVA) forever, will be trading at EV/Capital ratio that is greater than one. (All else equal.)
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
