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1/ Describe the process of the fundamental approach to valuation and how this differs to the cheap (simple) methods. 2/ Why is accounting quality important

1/ Describe the process of the fundamental approach to valuation and how this differs to the cheap (simple) methods.

2/ Why is accounting quality important for financial statement analysis?

3/ Comment on the following: the fundamental investor sees growth as risky and thus is careful in paying too much for growth.

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