Ve Ang Hi-Ret Corp. which has a return on equity of 24% has a price/book value ratio of 3.0. The return on equity is expected to drop to 12%. Which of the following is most likely to happen to the price/book value ratio, and why? A. The price book value ratio will not change. B. The price/book value ratio will increase by 50%. C. The price/book value ratio will increase by more than 50% D. The price book value ratio will drop by half to 1.50. E. The price/book value ratio will drop by more than half. F. None of the above. For the toolbar, press ALT+F10 (PC) or ALT+FN+F19 (Mac)