Levered price-to-book ratios are always higher than unlevered price-to-book ratios. Is this correct?

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Financial statements

ISBN: 978-007802531

5th Edition

Authors: Stephen Barrad

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Question Posted: Mar 17, 2012 07:04 AM

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Levered price-to-book ratios are always higher than unlevered price-to-book ratios. Is this correct?

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Financial statements

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