Which of the following statements about stock valuation is least likely correct()
A. If estimated value < the market price, buy the stock : it's under priced.
B. If the expected rate of return > the required rate, buy the stock; it's under priced.
C. If the expected rate of return < the required rate, don't buy the stock; it's under priced.
参考答案:A
解析:
Buy (sell) a stock when the estimated value is more (less) than the market price.