An analyst gathered the following information about a company:
The stock is currently selling for $ 50 per share, which of the following best characterizes the: Intrinsic value of the stock Type of stock ()
A. 30 Speculative
B. 44 Cyclical
C. 44 Speculative
参考答案:C
解析:
Intrinsic value of the sock: 2.20/(15%-10%)=44.00. The stock is overvalued; it is a speculative stock.