Multiple Choice
Suppose Sarah Lee Corporation stock has a P/E ratio of 8.This P/E ratio is relatively
A) low,indicating that buyers may expect earnings to rise.
B) low,indicating that buyers may expect earnings to fall.
C) high,indicating that buyers may expect earnings to rise.
D) high,indicating that buyers may expect earnings to fall.
Correct Answer:
Verified
Correct Answer:
Verified
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