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35. Refer to Exhibit 9.10. In the listing above, which three factors influence the earnings multiple for a stock? Exhibit 9.10 Coincident to Lagging Indicator

35. Refer to Exhibit 9.10. In the listing above, which three factors influence the earnings multiple for a stock?

Exhibit 9.10 Coincident to Lagging Indicator Recession 100.0 98.0 0'96 94.0 Conference Board Ratio 92.0 Coincidental- to-Lagging Index 90.0 88.1 86.0 "60-'64 "65-'69 '75-'79 "80- 84 '85-'89 '90-194 "95-199 "00-'04 "05-'09 '10-'14

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