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Firms with lower expected growth rates tend to have P/E ratios that are ___________ the P/E ratios of firms with higher expected growth rates. Multiple

Firms with lower expected growth rates tend to have P/E ratios that are ___________ the P/E ratios of firms with higher expected growth rates.

Multiple Choice

a)equal to

b)There is not necessarily any linkage between risk and P/E ratios.

c)lower than

d)higher than

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