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In its first Monetary Policy Statement of the year, the Reserve Bank of New Zealand (RBNZ) announced that it would maintain the official cash rate (OCR) at 5.5%. This decision was widely expected by the market and marked the fifth consecutive time that the RBNZ chose to keep the wholesale cash rate

What is the market-to-book ratio? In this article, we will be discussing the market-to-book ratio and its formula. This ratio is a significant indicator of the value of a business so this article may be of great interest to any business owner or those evaluating businesses. The ratio can be useful f