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Business, 02.02.2021 02:50 allofthosefruit

A share trades at a price-to-book ratio of 0.7. An analyst who forecasts an ROCE of 12 percent each year in the future, and sets the required equity return at 10 percent, recommends a hold position. Does his recommendation agree with his forecast

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A share trades at a price-to-book ratio of 0.7. An analyst who forecasts an ROCE of 12 percent each...

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