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Year Quintile Return for P/E ratios 1 3 2 -2 3 0 4 -3 5 2 The information in the table above... Confirms a value

Year Quintile Return for P/E ratios
1 3
2 -2
3 0
4 -3
5 2
The information in the table above...
Confirms a value effect in these stocks.
Confirms a growth effect in these stocks.
Confirms neither a value nor a growth effect in these stocks.
None of the above

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