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A public utility company is trading at a Price to Earnings multiple of 9 at a time when the industry average Price to Earnings multiple
A public utility company is trading at a Price to Earnings multiple of 9 at a time when the industry average Price to Earnings multiple is 14. Both its CEO and CFO have recently purchased shares in the company. Based solely on these facts, the company ought to have appeal for a: O Value investor o It would not appeal to either a Value or a Growth investor O Growth investor O It would appeal to both Value and Growth investors
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