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Basic Question 3 of 4

Which forecast approach is the most appropriate for companies in well-established industries with many public-traded peers?

A. Historical results
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain principles and approaches to forecasting a company's financial results and position

CFA® 2026 Level I Curriculum, Volume 3, Module 7.