In 2009, the market value of most publically traded firms was lower than it was in 2006.

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In 2009, the market value of most publically traded firms was lower than it was in 2006.
a. Why would the market value of most firms have fallen?
b. Using Tobin’s q, what would you expect to have happened to investment during this period?
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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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