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Matt, an economic analyst has recently converted to using the top-down analysis approach. This implies that he will always begin his analysis of a firm's

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Matt, an economic analyst has recently converted to using the top-down analysis approach. This implies that he will always begin his analysis of a firm's prospects with an analysis of the O firm's response to application of CAPM o specific firm under consideration industry firm's position in its industry O US economy or even the global economy

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