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Book value per share is typically different than market value per share because: a. book value is based on financial reporting concepts and market value
Book value per share is typically different than market value per share because:
a. | book value is based on financial reporting concepts and market value is derived from perceptions of the firms future potential | |
b. | investors do not understand book value | |
c. | book values are based on replacement costs rather than market values | |
d. | book value is not related to dividends | |
e. | book value is after tax |
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