All of the following statements concerning the PEG (Price-Earnings-Growth) ratio are correct, EXCEPT: a. PEG equals

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All of the following statements concerning the PEG (Price-Earnings-Growth) ratio are correct, EXCEPT:

a. PEG equals 1 indicates a fairly priced stock

b. PEG over 1 indicates an underpriced stock

c. PEG under 1 indicates an underpriced stock

d. PEG is often used for technology stocks

Related Book For answer-question

Auditing and Assurance Services A Systematic Approach

ISBN: 978-1259162343

9th edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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Posted Date: Mar 10, 2024 02:47 PM

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All of the following statements concerning the PEG (Price-Earnings-Growth) ratio are correct, EXCEPT: a. PEG equals

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Auditing and Assurance Services A Systematic Approach

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