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A firm trades at 3.5 times its book equity of $300 million. It reports a financing leverage ratio of 0.5. What is its unlevered (enterprise)
A firm trades at 3.5 times its book equity of $300 million. It reports a financing leverage ratio of 0.5. What is its unlevered (enterprise) price-to-book ratio?
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Accounting And Order
Authors: Mahmoud Ezzamel
1st Edition
0415482615, 978-0415482615
