State whether each of the following events would increase or decrease the ratio of market value to

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State whether each of the following events would increase or decrease the ratio of market value to book value.
a. Big Oil announces the discovery of a major new oil field in Costaguana.
b. Big Autos increases its depreciation provision.
c. Since Big Stores purchased its assets, inflation has risen sharply.
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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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