They already come with answers, but you need to come up with your additional/complementary explanations on why the answer is correct

CH9

1. An increase in anticipated dividends ____ increases_____ returns.

2. An increase in the capital gains tax rate ____ does not affect_____ unrealized returns.

3. Higher required returns ____ does not affect_____ dividends but ____ decreases_____ a stocks valuation.

4. An increase in the growth rate _____ does not affect____ the required return.

5. An increase in a stocks price ____ does not affect _____ the required return.

6. An increase in the beta coefficient ____ increases_____ the required return and _________ a

stocks valuation.

7. An increase in the required return ____ does not affect_____ a firms earnings.

8. An increase in cash flow ____ does not affect_____ the required return.

9. An increase in the required return _____ does not affect____ dividends.

10. An increase in earnings ____ decreases_____ the P/E ratio.

11. An increase in sales ____ does not affect_____ the P/E ratio.

12. An increase in a firms per-share equity ____ decreases_____ the P/B ratio.

13. For value investors, an increase in the P/S ratio _____ decreases____ the attractiveness of a stock.

14. An increase in a firms growth rate ____ decreases_____ the PEG ratio and ____ does not affect_____ the P/S ratio.

15. A decrease in a stocks price ____ does not affect_____ the firms profit margin.