According to the random walk hypothesis, the best prediction of tomorrow's stock price is:
A) Current earnings per share.
B) Today's stock price.
C) P/E ratios of other firms in the industry.
D) The most recent dividend.
E) Predictions by the best informed analysts.
B
You might also like to view...
Gavin is always careful to explain to prospective employees both the positive and negative aspects of the job. As an example, while the job pays very well and offers excellent benefits, employees are expected to work long hours and at least one weekend every month. Gavin is giving employees a ______.
a. relevant job description b. reasonable job expectation c. realistic job preview d. reliable job information
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires that before an individual debtor receives a discharge in a Chapter 7 or Chapter 13 bankruptcy, the debtor must attend a personal financial management course approved by the
U.S. Trustee. Indicate whether the statement is true or false
The National Science Foundation is a federal agency that promotes research and provides information to the public. What type of agency is the National Science Foundation?
a. Regulatory agency b. Public service agency c. Social welfare agency
If enterprising business people can spot a promising opportunity and then develop a good plan for capitalizing on it, they can succeed.
a. Opportunity and Enterprise
b. Consumer Choice and Demand
c. Domestic Business Environment
d. Global Business Environment
e. None of the above