Multiple Choice
Samir has been following the information for the Admiral Engines stock on a financial website. He has noticed that the firm's PE has been steadily rising. What might Samir conclude from this result?
A) Admiral Engines has just issued more shares of common stock.
B) Admiral Engines is in serious financial trouble.
C) Investors expect the company's future earnings to grow.
D) The company has recently increased its dividend.
Correct Answer:
Verified
Correct Answer:
Verified
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