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(1 point) Why does the journalist think Enron's stock is overvalued?

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Hi, you've asked an incomplete question. However, I provided some explanation.

Step-by-step explanation:

Note, in the stock/asset trading market, the term 'stock/asset is overvalued' is used when the worth of a particular asset or stock is overestimated; in other words having a stock price that is too high considering the projects/company's usefulness.

Hence, the journalist's comments may have been based on this observation.

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