There is a firm whose roe and bvps are 08 and 9


There is a firm whose ROE and BVPS are .08 and $9 respectively next year. IF the P/E is 12 times what is the price of the company next year? Explain the pros and cons of the P/E approach.

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Financial Management: There is a firm whose roe and bvps are 08 and 9
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