Which of the following, if any, are true? I) For analysts valuing a firm's future...

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Finance

Which of the following, if any, are true? I) For analysts valuing a firm's future earnings per share (EPS), estimates are arguably the least important input. II) Analysts may also rely on fundamental factors outlined in the management discussion and analysis (MD&A) section of a companys financial reports.
Only I is true.
Only II is true.
Both I and II are true.
Neither I nor II are true.

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