单选题
Which of the following statements about stock valuation is least likely correct?
A、
If estimated value ＜ the market price, buy the stock : it"s under priced.
B、
If the expected rate of return ＞ the required rate, buy the stock; it"s under priced.
C、
If the expected rate of return ＜ the required rate, don"t buy the stock; it"s under priced.
【正确答案】
A
【答案解析】
Buy (sell) a stock when the estimated value is more (less) than the market price.
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