The P/E ratio on the S&P 500 for 1998 and 1999 was 30 or higher. Other things

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The P/E ratio on the S&P 500 for 1998 and 1999 was 30 or higher. Other things equal, would this indicate a good time to buy stocks for a multiyear holding period or not?

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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