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Basic Question 3 of 6
Which factor could explain a high P/E?
B. Less uncertainty about future inflation
C. A fall in the expectation of future real earnings growth
A. A rise in inflation expectations
B. Less uncertainty about future inflation
C. A fall in the expectation of future real earnings growth
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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
Learning Outcome Statements
describe the economic factors affecting investment in commercial real estate.
CFA® 2025 Level II Curriculum, Volume 6, Module 37.