How can you reconcile investor expectations for a firm with an above-average M/B ratio and a below-average

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How can you reconcile investor expectations for a firm with an above-average M/B ratio and a below-average P/E ratio? Could the age of the firm have any effect on this ratio comparison?
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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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