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The following table lists stock price data for four companies held in a mutual fund's portfolio: YTD 52 WEEK STOCK YLD VOL NET % CHG

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The following table lists stock price data for four companies held in a mutual fund's portfolio: YTD 52 WEEK STOCK YLD VOL NET % CHG HI LO DIV % PE 100s CLOSE CHG +11.5 5.3 4001 28.47 +0.08 29.79 25.00 Habib Corp. 1.50 55.55 40.04 Marston Tech 2.00 +15.9 4.9 5 34201 41.10 -0.15 +17.8 40.20 30.03 Chemla Inc. 1.20 3.2 17 2033 37.67 +0.17 +6.9 38.60 23.17 Vistou Co. 0.50 1.4 15 15770 34.87 -0.28 Use the preceding data to answer the following question: Of the three companies that list price-to-earnings (P/E) ratios, Marston Tech has the lowest P/E ratio. What can you hypothesize from this? Speculators are purchasing stock hoping that Marston's stock price will rise to unreasonably high levels. Marston's stock is definitely overvalued. Investors expect Marston's earnings to grow more slowly than the other companies' earnings

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