Accountancy, asked by prashantsahu12, 11 hours ago

the relationship between normal rate of return and price earning ratio is:​

Answers

Answered by tpalak105
1

Explanation:

The P/E ratio is shown to have a positive effect on stock returns. Fama and French (1992) found a negative relationship between size and PBV (price to book value ratio) with return on stocks of NYSE, AMEX and NASDAQ.

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