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ROIC is N/A on MSN
Hi guys!
Question. I'm new to Rule #1 and decided to practice what I've learned from the book with Bank of America (BAC) since my husband company's is being bought by them, but when I went to MSN to locate the ROIC for 1 and 5 years it's listed at N/A. What does that mean? Should I go ahead and calculate the ROIC manually using NOPAT/ (equity + debt) and ignore what is on MSN? Any suggestions?
Thank you
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