In the study by Stephen Rhoades on the determinants of the ratio of the market price of a bank's stock to its book value, the author found which of the following variables to be important?

Question

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Stephen Rhoades' study on the determinants of the ratio of the market price of a bank's stock to its book value found that several variables were important, including the growth of assets of the target firm, the growth of the market, and the target's capital-to-asset ratio. This indicates that a combination of internal financial health indicators and external market conditions contribute to the valuation of a bank's stock.

In the Study by Stephen Rhoades on the Determinants of the Ratio