Select the correct statement(s):

Group of answer choices

a.The bid price is the price at which you can buy the asset from the dealer.

b.The bid price is the price at which you can sell the asset to the dealer.

c.The ask price is higher than the bid price.

d.The ask price is the price at which you can sell the asset to the dealer.

e.The ask price is the price at which you can buy the asset from the dealer.

Select the correct statement(s):

Group of answer choices

a.The Gordon model is used to value stocks of mature, stable-growth companies, such as utilities.

b.We cannot use the Gordon model to value the stock of a firm with rapid or changing growth.

c.If a stock is priced according to the Gordon model, its expected HPR is equal to the expected dividend yield plus the expected capital gain rate.

d.If a stock is priced according to the Gordon model, its expected HPR is equal to the expected dividend yield plus the expected dividend growth rate.