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Home Depot recently had a P/E multiple of 23, and Lowes had a P/E multiple of 20. Based on this, we could correctly assume that
Home Depot recently had a P/E multiple of 23, and Lowes had a P/E multiple of 20. Based on this, we could correctly assume that .... A. Home Depot has higher earnings per share than Lowes B. Investors are willing to pay more for $1 of Home Depot's earnings than for $1 of Lowes earnings C. Investors must believe that Lowes has better growth potential D. Home Depot's stock price will certainly decline Home Depot recently had a P/E multiple of 23, and Lowes had a P/E multiple of 20. Based on this, we could correctly assume that .... A. Home Depot has higher earnings per share than Lowes B. Investors are willing to pay more for $1 of Home Depot's earnings than for $1 of Lowes earnings C. Investors must believe that Lowes has better growth potential D. Home Depot's stock price will certainly decline
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