Question
Excel IF Statement: Two columns are actual and predicted P/E ratio. b) In order to better serve your clients you decide to offer more flexible
Excel "IF" Statement:
Two columns are actual and predicted P/E ratio.
b) In order to better serve your clients you decide to offer more flexible recommendations by expanding your stock classification categories. You will have three categories - buy, hold or sell, based on the following criteria:
(i) If the actual P/E ratio is less than the predicted P/E ratio, the stock is classified as buy
(ii) If the actual P/E ratio is greater than the predicted P/E ratio, and the difference is less than 10% of the actual P/E ratio, the stock is classified as a hold
(iii) If the actual P/E ratio is greater than the predicted P/E ratio, and the difference
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started