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Consider the proposition that knowledge-based firms tend to have high Price-Earnings (P/E) Ratios, low payout ratios, and low debt/capital ratios. Discuss in detail how these

Consider the proposition that knowledge-based firms tend to have high Price-Earnings (P/E) Ratios, low payout ratios, and low debt/capital ratios. Discuss in detail how these financial notions apply to aerospace companies in the adoption of3D printing technology. Also, discuss the possible justification for synergy and diversification.

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