2. If an analyst can correctly forecast a company's next year earnings, does that necessarily imply that

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2. If an analyst can correctly forecast a company's next year earnings, does that necessarily imply that the analyst can correctly forecast how the company's stock will perform? Why?

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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