Assume that all the growth rates used in the preceding answers were averages of the growth rates

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Assume that all the growth rates used in the preceding answers were averages of the growth rates published by well known and respected security analysts. This being the case, would you say that your results are based on a purely rational analysis? If not, what factors might have led to “irrational results?”

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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