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Basic Question 0 of 10

Index fund vendors frequently use the ______ to calculate the average P/E multiple.

A. arithmetic mean.
B. harmonic mean.
C. weighted mean.

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe characteristics of perfect competition, monopolistic competition, oligopoly, and pure monopoly

CFA® 2025 Level I Curriculum, Volume 1, Module 1.