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If an Industry Is Ranked Number One, Based on Price

Question 13

Multiple Choice

If an industry is ranked number one, based on price performance such as outperforming the S&P/TSX Composite Index, an investor:


A) cannot necessarily expect that same industry to be ranked number one again next year.
B) can usually depend on an industry to maintain its top ranking for five years or more.
C) can expect that industry to do well over the next 10 to 20 years.
D) can expect that industry to drop out of the top ten within five years.

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