Question
1.Insufficient information to compute Consider three investors in Stock A: Mr. Single invests for 1 year Ms Double invests for 2 years Mrs. Triple invests
1.Insufficient information to compute Consider three investors in Stock A:
Mr. Single invests for 1 year
Ms Double invests for 2 years
Mrs. Triple invests for 3 years
Which of the following statements are true? (Hint: Recall what the basic stock valuation principle is.)
a.Mrs. Triple would place the highest value on Stock A because she is investing for the longest time.
b.Ms. Double would place the second highest value on Stock A because she is investing for the second longest time.
c.Mr. Single would place the lowest value on Stock A because he is investing for the shortest time. all of the above are true
d.Mr. Single, Ms. Double, and Mrs. Triple would all place the same value on Stock A
e.none of the above are true
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