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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?
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast
A. Historical results
B. Historical base rates and convergence
C. Management guidance
D. Analyst's discretionary forecast
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Edward Liu
Learning Outcome Statements
explain principles and approaches to forecasting a company's financial results and position
CFA® 2025 Level I Curriculum, Volume 3, Module 7.