问题
单项选择题
Which of the following statements regarding growth companies and growth stocks is TRUE A growth:（）
A. company has management that has the ability to consistently select projects that earn higher returns than required by their risk.
B. company will not earn below normal returns.
C. company will earn above normal returns given its risk.
答案
参考答案：A
解析：
Growth companies may or may not be growth stocks. If the market has identified the company as a growth company and bid up the price, the stock may have below normal returns. The stock price may be more (typically) or less than intrinsic value.