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The price earnings ratio of Martha Incorporate was 1 3 as on July 1 2 , 2 0 X 2 . Seeing high price earnings

The price earnings ratio of Martha Incorporate was

13

as on July

12, 20

2 .

Seeing high price earnings ratio, Dave decides to invest more in stocks of Martha Incorporate. Do you think Dave

s decision to invest in Martha Incorporate is a wise decision? Discuss.

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