Page 42 - FINAL CFA I SLIDES JUNE 2019 DAY 12
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Session Unit 14:
47. Overview of Security Markets
LOS 47.h: Compare a company’s cost of equity, its (accounting) return on equity,
and investors’ required rates of return.
Example: ROE, market, and book value of equity calculations: Given
the figures below for O’Grady Industries, calculate the return on average
equity for 20X9 and the total market value of equity, the book value per
share, and the price-to-book ratio at the end of 20X9.
tanties
And Ke?