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Based on Past Evidence, If an Industry Has the Number

Question 3

Multiple Choice

Based on past evidence, if an industry has the number one ranking on price performance, which of the following statements is most accurate? The investor should:


A) not expect that same industry to be ranked number one again next year.
B) expect that industry to maintain its top ranking for five years or more.
C) expect that industry to do well over the next 10 to 20 years.
D) expect that industry to drop out of the top ten rankings within five years.

Correct Answer:

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