问题如下:
An investor has found that value stocks have better performance than growth stocks. She wishes to exploit the value effect, so which stock should be purchased?
选项:
A. The stock of companies with higher than average dividend yields.
B. The stock of companies with higher than average market-to-book ratios.
C. The stock of companies with higher than average price-to-earnings ratios.
解释:
A is correct.
A value stock has below characteristics: above-average dividend yield, low price-to-earnings and low market-to-book ratios, and a growth stock has the opposite characteristics.
为什么pepb低。辛苦解释下