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Question Description

I’m working on a Computer Science discussion question and need an explanation to help me learn.

In 500 words, The readings for module 3 explain that past performance for a company or stock is not a guarantee of future performance. Yet many models for stock and company valuation link the value of past performance to future expectations. If there is no guarantee, why do you think that past performance is used to predict future company performance and stock returns?

Instructions

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