Assume you want to invest in the stock market, and your friends tell you about a company's

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Assume you want to invest in the stock market, and your friends tell you about a company's stock that is "guaranteed" to have an annual growth rate of 150 percent. Should you trust your friends and invest immediately or should you research the company's financial statements before investing? Explain.

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Survey Of Accounting

ISBN: 9780538846172

1st Edition

Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen

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