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Multiple Choice Question

Walker's has a price$-$earnings $($PE$)$ ratio of $16$ compared to its industry average of $17.$ Generally speaking, which one of these statements applies to this situation?

Multiple choice question.

Value$-$seeking investors will prefer another firm, which has the industry average PE$,$ over Walker's.

The average firm in the industry outperforms Walker's.

Walker's outperforms the average firm in its industry.

Investors expect Walker's to experience faster growth in the future than the average firm in its industry.