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Company's P/E ratio is 25. The average price-to-earnings ratio for the industry is 20. Based on this information alone, select what is correct. a. company
Company's P/E ratio is 25. The average price-to-earnings ratio for the industry is 20.
Based on this information alone, select what is correct.
a.
company stock is undervalued
b.
company stock is overvalued
c.
stock is fairly priced
d.
company stock is undervalued by 50%
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