Which of the Following Statements About a Share with a Declining

Multiple Choice

Which of the following statements about a share with a declining fundamental value is correct?

A) A share with a declining fundamental value can each be redeemed for a pre-announced amount of money at the end of the trading period.
B) A declining fundamental value is a way of approximating a share that is long or infinitely lived.
C) A declining fundamental value implies that the time-path of expected dividends can be represented by a downward sloping straight line.
D) A declining fundamental value implies that this type of share will never display asset bubbles that are often observed with a flat fundamental value.