Question
The current book value of Apple Corporations stock is about$22 while its current market price per share is about$110. This means investors are willing to
The current book value of Apple Corporations stock is about$22 while its current market price per share is about$110. This means investors are willing to pay about 5 times more than the accounting book value. Why are investors willing to pay this premium?
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
