Since 1955, Treasury bond yields and earnings yields on stocks have been
A. identical.
B. negatively correlated.
C. positively correlated.
D. uncorrelated.
C. positively correlated.
The earnings yield on stocks equals the expected real rate of return on the stock market, which should be equal to the yield to maturity on Treasury bonds plus a risk premium, which may change slowly over time.
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The following UML class diagram should result in how many tables in the relational database?
A. 5 B. 6 C. 7 D. 4
The present value (PV) of a stream of cash flows is just the sum of the present values of each individual cash flow
Indicate whether this statement is true or false.
By 2016, it is estimated that the richest 1% of the world’s population will own more wealth than approximately ________ of the population.
a. 25% b. 50% c. 75% d. 99%
Return on total assets is the product of
A. interest rates and pre-tax profits. B. the debt-equity ratio and P/E ratio. C. the after-tax profit margin and the asset turnover ratio. D. sales and fixed assets. E. None of the options are correct.