Question: A P/E multiple that is significantly higher than the industrys average may indicate which of the following? a. The company is expected to grow faster

A P/E multiple that is significantly higher than the industrys average may indicate which of the following?

a.

The company is expected to grow faster than the average firm in the industry

b.

The company is expected to have lower systematic risk than the average firm in the industry

c.

The company is overvalued

d.

Any of the above

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