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Which two of the following are most apt to cause a firm to have a higher price-earnings ratio? 1. slow industry outlook 2. high prospect
Which two of the following are most apt to cause a firm to have a higher price-earnings ratio?
1. slow industry outlook
2. high prospect of firm growth
3. very low current earnings
4. investors with a low opinion of the firm
answers
a. 1 and 2 only
b. 2 and 3 only
c. 2 and 4 only
d. 1 and 3 only
e. 3 and 4 only
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