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Which of the following are true of a firm's book value? It is calculated as costs of assets minus accumulated depreciation. It is based on
Which of the following are true of a firm's book value?
It is calculated as costs of assets minus accumulated
depreciation.
It is based on future valuations of a firm.
Its importance has declined over time.
It captures the historical cost of a firm's assets.
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
