Question: (Value vs. Growth, 25 points) How would you infer whether a firm is a value firm or a growth firm based on its book-to-market ratio?

 (Value vs. Growth, 25 points) How would you infer whether a

(Value vs. Growth, 25 points) How would you infer whether a firm is a value firm or a growth firm based on its book-to-market ratio? List a few characteristics of growth firms that have been discussed in class

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