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If a firm's market to book ratio is 4 times, it means that the investor thinks that the firm's assets are overvalued the investor thinks

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If a firm's market to book ratio is 4 times, it means that the investor thinks that the firm's assets are overvalued the investor thinks that the firm's future performance is poor the investor is willing to pay 4 times the firm's earnings the investor thinks that the firm's assets are undervalued

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