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If a given investor believes that a stocks expected return exceeds its required return, then the investor most likely believes that a. the stock is
If a given investor believes that a stocks expected return exceeds its required return, then the investor most likely believes that
a. the stock is a good buy. | ||
b. dividends are not likely to be declared. | ||
c. the stock is experiencing supernormal growth. | ||
d. management is probably not trying to maximize the price per share. | ||
e. the stock should be sold. |
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