Weird PE technical quesiton
How would you answer this:
If you have a bank that generates 10% ROE and buy and sell the bank at the same multiple of BV, what would you have to pay to generate a 20% IRR?
How would you answer this:
If you have a bank that generates 10% ROE and buy and sell the bank at the same multiple of BV, what would you have to pay to generate a 20% IRR?
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