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As per the reports published in the newspapers, the average
Price to Earnings (P/E) Ration has declined in the past few
days. This implies that
1 Investors are willing to pay much less for equity now
2 Investors are willing to pay more for equity now
3 Investors are not in mood to invest in equity now
4 None of these
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(2) Investors are willing to pay more for equity now
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UPSC 
