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Which one of the follow statements is CORRECT? A high trailing price earnings ratio implies that the market expects high future growth in earnings. A

Which one of the follow statements is CORRECT?

A high trailing price earnings ratio implies that the market expects high future growth in earnings.

A high price to book ratio implies that the market expects high future growth in earnings.

The trailing price earnings ratio should be higher than the forward price earnings ratio.

The normal forward price earnings ratio increases with financial leverage.

None of the above statements is correct.

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