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Basic Question 1 of 6
The reading indicates that corporate profitability is considered by some analysts to be an important ______ indicator of the business cycle.
B. trailing
C. synchronizing
A. leading
B. trailing
C. synchronizing
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I used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
describe the economic factors affecting investment in commercial real estate.
CFA® 2025 Level II Curriculum, Volume 6, Module 37.