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Practice, Question 10 What does a high price-earnings ratio indicate? Profit is higher than the price of the share. O A share is priced too
Practice, Question 10 What does a high price-earnings ratio indicate? Profit is higher than the price of the share. O A share is priced too low and is likely to go up. The price of the share is higher than that of its competitors. Investors believe that current profit levels will persist or increase
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