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Which of the following statements regarding technical and fundamental analysis is true? a. Technical analysis values securities based on expected future cash flows b. Fundamental

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Which of the following statements regarding technical and fundamental analysis is true? a. Technical analysis values securities based on expected future cash flows b. Fundamental analysis is based on supply and demand. c. In fundamental analysis, future cash flows are projected by analyzing a firm's financial statements. d. Technical analysis requires an evaluation of macroeconomic conditions

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