Repurchasing an equivalent amount of common shares

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Dilly Corporation is changing its capital structure by issuing bonds and repurchasing an equivalent amount of common shares. Which valuation ratios will be least effected by Dilly's change in capital structure?

a. P/E ratio

b. P/B ratio

c. Debt/Equity ratio

d.Enterprise value/EBITDA ratio

Reference no: EM132238984

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