In the year 2010, the average firm in the S&P 500 Index had a total market value
Question:
a. What is the percent return on equity?
b. What is the percent return on total market value? Does this appear to be an adequate return on the actual market value of the firm?
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Related Book For
Fundamentals of Investment Management
ISBN: 978-0078034626
10th edition
Authors: Geoffrey Hirt, Stanley Block
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