Value Stocks May Provide Investors with Better Returns Than Growth

Multiple Choice

Value stocks may provide investors with better returns than growth stocks if _______.
I.value stocks are out of favor with investors
II.prices of growth stocks include premiums for overly optimistic growth levels
III.value stocks are likely to generate positive earnings surprises.

A) I only
B) II only
C) I and III only
D) I, II and III