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Which of the following statement is NOT correct? Replacement cost is a measure for firm value A company with higher plowback ratio tend to payout
Which of the following statement is NOT correct?
Replacement cost is a measure for firm value | ||
A company with higher plowback ratio tend to payout more dividend | ||
P/E ratio is higher, if required rate of return is lower | ||
P/E ratio is a useful indicator of expectations of growth opportunities |
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