The most common measure of __________ is the spread between the number of shares which advance in price and the number of shares which decline in price.

A. market breadth

B. market volume

C. odd-lot trading

D. short interest

The market capitalization rate on the stock of Aberdeen Wholesale Company is 10%. Its expected ROE is 12% and its expected EPS is 5.00. If the firm's plowback ratio is 60%, its P/E ratio will be _________.

A. 7.14

B. 14.29

C. 16.67

D. 22.22

Which of the following is NOT a characteristic of technical analysts?

A. They believe that changes in the supply and demand for a stock cause prices to change

B. They are called technicians or chartists.

C. They treat a stock as a special and unique asset.

D. They believe that all relevant information is contained in past share price.