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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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