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DeBondt and Thaler Believe That High P/E Result from Investors

Question 38

Multiple Choice

DeBondt and Thaler believe that high P/E result from investors'


A) earnings expectations that are too extreme.
B) earnings expectations that are not extreme enough.
C) stock-price expectations that are too extreme.
D) stock-price expectations that are not extreme enough.

Correct Answer:

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