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If BHPP’s last year earnings were $ 2.79, the market consensus for BHPP next period earnings is $ 2.69, and as an analyst you predict next period earnings to be $ 2.73; then the recommendation most consistent with your prediction is: (this question arose from the assignment run in that semester)

A. Sell as you are expecting the market price to decline.

B. Buy as you are expecting the market price to rise.

C. Hold as you are expecting the market price to rise and fall.

D. Strong buy because both the expectations are less than last year actual.

E. All of the above.

Financial Accounting, Accounting

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