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AWK's current P/E ratio is 38.14 while GM's P/E ratio is 6.87. Please explain why it might be rational for investors to buy AWK's shares
AWK's current P/E ratio is 38.14 while GM's P/E ratio is 6.87. Please explain why it might be rational for investors to buy AWK's shares even though it has a much higher P/E ratio?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
