Hello, PLEASE READ THE PROMPT BELOW. DO NOT ANSWER IF YOU DO ARE NOT KNOWLEDGEABLE IN FINANCE AND STOCKS. You will be provided resources on how to navigate the online portal, which as content helping to answer this question. You will likely have to use the internet as well.

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In recent weeks, all three major U.S. stock market indices – the S&P 500, Dow Jones, and Nasdaq – have reached record highs. Professor Robert Schiller at Yale (Winner of 2013 Nobel Prize in Economics) thinks the stock market is very expensive these days. The Cyclically Adjusted P/E ratio (CAPE Ratio) he developed stands at the second highest level in history (second only to the level reached during the Internet Bubble around year 2000). https://www.multpl.com/shiller-pe

Based on what you have learned from this course and the knowledge you have acquired outside this course, discuss whether you think the current stock market is over-valued (i.e. above its intrinsic value). Use relevant data and analysis to support your argument. Please write a few paragraphs on the issue.

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Let me know if you have any questions and good luck! I need a great grade on this assignment (90% or above), otherwise I’ll have to ask for a refund