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 Date: 2008-04-07 14:30:19Financial ratios Generally Accepted Accounting Principles Fundamental analysis Financial markets P/E ratio Stock valuation Valuation P/B ratio Book value Finance Business Financial economics |
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THE JOURNAL OF FINANCE • VOL. LVI, NO. 6 • DEC[removed]The Stock Market Valuation of Research and Development Expenditures LOUIS K. C. CHAN, JOSEF LAKONISHOK, and THEODORE SOUGIANNIS*