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If the ratio of price to book exceeds 1.0, a. the firm's assets are understated b. the stock is overvalued c. the accounting value of

If the ratio of price to book exceeds 1.0,

a.

the firm's assets are understated

b.

the stock is overvalued

c.

the accounting value of the firm is greater than the market value of the firm

d.

the price of the stock is greater than the accounting value of the firm

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