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XYZ Company has 10 million shares outstanding. Its market price per share is 30, its book price per share is 25. If its net profits
XYZ Company has 10 million shares outstanding. Its market price per share is 30, its book price per share is 25. If its net profits after tax is $60 million, its ROE equals:
20%
24%
83.33%
1.20%
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Case Studies In Finance
Authors: Robert F. Bruner
4th Edition
0072338628, 978-0072338621
