Question
A low value for the EV/S ratio is consistent with: a, a low value of the levered beta of equity. b, a low cost of
A low value for the EV/S ratio is consistent with:
a, a low value of the levered beta of equity.
b, a low cost of equity (r_e).
c, a low after-tax operating margin (ATOM).
d, a low cost of debt (r_d).a low cost of equity (r_e).
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Public Finance A Contemporary Application of Theory to Policy
Authors: David N Hyman
11th edition
9781305474253, 1285173953, 1305474252, 978-1285173955
