
微信扫一扫
实时资讯全掌握
An investor is considering the purchase of Microscopics, which has a price to book value (P/B) ratio of 4.00. Return on equity (ROE) is expected to be 12%, current book value per share is $12.00, and the cost of equity is 10%. What growth rate is implied by the current P/B rate? A. 9.33%. B. 10.00%. C. 0.67%. |