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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