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    Foundations of Financial Management Study Set 4
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    Exam 2: Review of Accounting
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    When a Firm's Earnings Are Falling More Rapidly Than Its
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When a Firm's Earnings Are Falling More Rapidly Than Its

Question 64

Question 64

Multiple Choice

When a firm's earnings are falling more rapidly than its stock price, its P/E ratio will


A) remain the same.
B) go up.
C) go down.
D) either go up or down.

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