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Is book value the best proxy to the value of the shares?

Office Management Accounting Financial Accounting Financials Finance
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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/03/16
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Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

No. According to A6 it would be a miracle if the number that appears in the Shareholders’ Equity had anything to do with the value of the shares.

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