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Question 2: According to the CFA Code of Ethics, analysts should have a reasonable and adequate basis, supported by appropriate research and investigation, for any

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Question 2: According to the CFA Code of Ethics, analysts should "have a reasonable and adequate basis, supported by appropriate research and investigation, for any investment analysis, recommendation, or action." Briefly explain the type of research that will provide a reasonable and adequate basis for investment analysis and recommendations. (Draw upon our classes in forming your answer)

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