Assume a companys price-to-earnings ratio varies randomly in the band of values between 12 and 18 over
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Based on the regression results in Exhibit 1510 the coefficient on PE changes over the longer per...View the full answer
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Related Book For 
Valuation Measuring and managing the values of companies
ISBN: ?978-0470424704
5th edition
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
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