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::: vuaskari.com ::: Correction in fin630 papers

Correct answer is option 3 
Question No: 42    ( Marks: 1 )    - Please choose one

 The top-down approach to security selection is LEAST likely to include:

       ► Analysis of the global & national economic environment

       ► Use of financial ratios & cash flow analysis to compare firms within the industry

       ► Determination of the stability of securities for an investor's portfolio (100%)

       ► Identification of the industry effects of changes in demographics, lifestyles, politics etc  


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