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Basic Question 0 of 12

Which statement is true?

A. Only push factors can generate bubble-like conditions.
B. Only pull factors can generate bubble-like conditions.
C. Both push and pull factors can generate bubble-like conditions.

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Edward Liu

Edward Liu

Learning Outcome Statements

calculate and interpret the present value of growth opportunities (PVGO) and the component of the leading price-to-earnings ratio (P/E) related to PVGO;

CFA® 2025 Level II Curriculum, Volume 3, Module 21.