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If in the opinion of a given investor a stock's expected return exceeds its required return, this suggests that the investor thinks a. management is
If in the opinion of a given investor a stock's expected return exceeds its required return, this suggests that the investor thinks
a. | management is probably not trying to maximize the price per share. | |
b. | the stock is experiencing supernormal growth. | |
c. | dividends are not likely to be declared. | |
d. | the stock is a good buy. | |
e. | the stock should be sold. |
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