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24. Which of the following would lead to a lower estimate of a stock's intrinsic value? O a. An increase in the justified P/E ratio

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24. Which of the following would lead to a lower estimate of a stock's intrinsic value? O a. An increase in the justified P/E ratio b. A decrease in the required return on the stock c. A decrease in the expected future growth rate of earnings and dividends d. A decrease in the justified P/E ratio e. both cand d

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