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If in the opinion of a given investor a stock's expected return exceeds its required return, this suggests that the investor thinks

a. the stock should be sold.

b. management is probably not trying to maximize the price per share.

c. the stock is experiencing supernormal growth.

d. the stock is a good buy.

e. dividends are not likely to be declared.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91381457

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