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.

【正确答案】 B
【答案解析】[解析] 公司的期望投资收益率大于公司的加权平均资本成本(WACC),所以是成长性股票。公司股票的市场价格大于内在价值,所以是投机性股票。