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Which of the following is not a reason the PE ratio method may result in an inaccurate valuation for a firm? a. potential errors in
Which of the following is not a reason the PE ratio method may result in an inaccurate valuation for a firm?
a. potential errors in the forecast of the firm's beta
b. potential errors in the choice of the industry composite used to derive the PE ratio
c. potential errors in the forecast of the firm's future earnings
d. All of these choices are reasons the PE ratio method may result in an inaccurate valuation for a firm.
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