MCQOPTIONS
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| 1. |
A stock has an intrinsic value of $15 and an actual stock price of $13.50. You know that this stock |
| A. | has a Tobin's q value < 1 |
| B. | signals buy opportunity |
| C. | has an expected return less than its required return |
| D. | has a beta > 1 |
| Answer» C. has an expected return less than its required return | |