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

b. the stock is experiencing supernormal growth.

c. dividends are not likely to be declared.

d. the stock is a good buy.

e. the stock should be sold.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91771811

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