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Assume the ASX 200 forward earnings yield is 6 percent and the 10-year T-note yield is 5.6 percent. How are stocks valued according to the
Assume the ASX 200 forward earnings yield is 6 percent and the 10-year T-note yield is 5.6 percent. How are stocks valued according to the Fed model?
A.
Under-valued
B.
Over-valued
C.
Fairly-valued
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