A share trades at a price-to-book ratio of 0.7. An analyst who forecasts an ROCE of 12

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A share trades at a price-to-book ratio of 0.7. An analyst who forecasts an ROCE of 12 percent each year in the future, and sets the required equity return at 10 percent, recommends a hold position. Does his recommendation agree with his forecast?

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Financial statements

ISBN: 978-007802531

5th Edition

Authors: Stephen Barrad

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Question Posted: Mar 17, 2012 06:14 AM

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A share trades at a price-to-book ratio of 0.7. An analyst who forecasts an ROCE of 12

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Financial statements

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