1)

Value stock investors favor companies that sell at attractive valuations when value is measured in terms of a P/E ratio that is __________.

A. equal to the market average

B. above the market average

C. below the market average

D. extremely volatile

2) Primary screening criteria for growth stocks often specifiy __________.

A. a maximum absolute level of historical earnings per share growth

B. a growth rate in earnings that is below the industry average

C. a minimum absolute level of historical earnings per share growth

D. an improving return on equity (ROE)