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When a industry is entering a period of rapid expansion, what is generally true of the valuation /multiple of stocks in that industry? Group of

When a industry is entering a period of rapid expansion, what is generally true of the valuation /multiple of stocks in that industry?

Group of answer choices

A. Multiples / Valuation will increase

B. Sales will likely contract

C. Multiples / Valuation will decrease

D. None of the listed answers are correct

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