Question 33 (1 point)

Choose the best answer:

Statement 1: The trailing price-to-earnings ratio that uses earnings from the past four quarters, referred to as trailing 12-month earnings per share (TTM).

Statement 2:

Forward P/E (also known as Core P/E or Forward P/E), which uses expected earnings for next year (based on analyst or database estimates).

a) Both statements are false.

b) only one of the statements is true

c) Both statements are true