单选题
An analyst gathered the following information about a company and that company's common stock: ·Weighted average cost of capital is 14% ·Intrinsic value per share is $22 ·Market price per share is $28 The company's investment projects for the year are expected to return 16 to 18 percent. Which of the following best characterizes the company and the company's common stock? A. Growth company and growth stock. B. Growth company and speculative stock. C. Speculative company and growth stock.