Question
Assume that you are reading an equity research report, where a buy recommendation for a company is being based upon the fact that its PE
Assume that you are reading an equity research report, where a buy recommendation for a company is being based upon the fact that its PE ratio is lower than the average for the industry. Implicitly, what is the underlying assumption(s) being made by the analyst? Question 20 options:
The firms in the group are of equivalent risk, growth and size
The firms in the group have conducted their IPO at the same time
The firms in the group share the same headquarters
The firms in the group share the same CEO
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A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
