sunjuice7

个人理解，答案是对的。基于第一句话：not justifiable by even the most optimistic fundamental analysis. 和后面那句kept bidding up prices as they expected the trend to continue.希望以过去推未来，典型的representitive.

我觉得CFA喜欢考的behavior其实集中在这几个上面，比较混淆的时候选它喜欢考的那个知识点。