A low price-earnings ratio indicates that either the stock is
a. undervalued or people are relatively optimistic about the corporation's prospects.
b. overvalued or people are relatively optimistic about the corporation's prospects.
c. overvalued or people are relatively pessimistic about the corporation's prospects.
d. undervalued or people are relatively pessimistic about the corporation's prospects.
d
You might also like to view...
If the inflation rate target is 2%, the current inflation rate is 1%, and the output gap is minus 2%, then according to the Taylor rule, the nominal federal funds rate should be ________ percent
A) zero B) two C) four D) three E) none of the above
Julio makes wine and beer. Last year he made 20 bottles of wine and 20 cases of beer. If the price of grapes goes down (making wine cheaper to make), Julio will be able to make the same amount of wine and more beer
a. True b. False Indicate whether the statement is true or false