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(Q4) a. Explain the notion of earnings quality and what factors influence the quality of earnings? b. How do stock returns relate to good news

(Q4)

a. Explain the notion of earnings quality and what factors influence the quality of earnings?

b. How do stock returns relate to good news and bad news about earnings surprises?

c. What is the importance of credit risk assessment in lending decisions, and how are credit ratings determined?

d. How to forecast a companys financial statement?

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