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Which of the following arithmetic operations has the highest level of precedence?
Market/Book Ratio
A financial ratio that compares a company's market value to its book value, indicating how much investors are paying for each dollar of net assets.
Price/Earnings Ratio
A valuation metric that compares a company's current share price to its per-share earnings, used to evaluate if a stock is over or under-valued.
Market Value Added
A calculation that shows the difference between the market value of a company and its capitalized value on the balance sheet.
EBITDA Coverage Ratio
A financial ratio that measures a company's ability to pay off its incurred debt, calculated by dividing EBITDA by total debt service costs.
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