问题
单项选择题
Which of the following statements concerning security valuation is FALSE()
A. If the current price of the security is $15 and the analyst using the dividend discount model determines a value of $10 the analyst should issue a sell recommendation.
B. Firms with abnormally high return on equity (ROE will probably retain a large portion of their earnings.
C. In the investment process, the most important decision is selecting the proper valuation method.
答案
参考答案:C
解析:
In the investment process, the most important decision is asset allocation.