The required returns of Stocks X and Y are rX = 10% and rY = 12%. Which of the following statements is CORRECT?
A. If the market is in equilibrium, and if Stock Y has the lower expected dividend yield, then it must have the higher expected growth rate.
B. If Stock Y and Stock X have the same dividend yield, then Stock Y must have a lower expected capital gains yield than Stock X.
C. If Stock X and Stock Y have the same current dividend and the same expected dividend growth rate, then Stock Y must sell for a higher price.
D. The stocks must sell for the same price.
E. Stock Y must have a higher dividend yield than Stock X.
Answer: A
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A. It helps the organization select the right people with the required qualifications. B. It promotes high employee turnover. C. It promotes cooperation and learning. D. It encourages people to strive for objectives that support the organization's overall goals. E. It discourages competition.
Which personal computer company began life as a b-to-b marketer and then began marketing direct to the home PC market?
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a. cash. b. inventory. c. marketable securities. d. accounts receivable.
Many companies find themselves in the position of having to manage expectations downward.
Answer the following statement true (T) or false (F)