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Does it makes sense to compare earnings yields (Earnings/Price or E/P) to bond yields? Why or why not? In your answer make sure to refer
Does it makes sense to compare earnings yields (Earnings/Price or E/P) to bond yields? Why or why not? In your answer make sure to refer to the fundamental pricing equation.
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
