kevinzhu · 2022年04月15日
* 问题详情，请 查看题干
NO.PZ201601200500005101
问题如下：
Wilson’s share buyback could be a signal that the company
选项：
A.is decreasing its financial leverage
views its shares as undervalued in the marketplace
has more investment opportunities than it could fund internally.
解释：
B is correct. Management sometimes undertakes share repurchases when it views shares as being undervalued in the marketplace.
选项C是不是应该改成has less investment opportunities than it could fund internally?
王琛_品职助教 · 2022年04月17日
嗨，爱思考的PZer你好：
是的
关于选项 C，其实是表述说反了，应该是「没有」 investment opportunities
参考的是原版书 P70：一些投资分析师认为回购计划可能意味着，公司没有新的盈利投资机会，从而将现金返还给股东
"a repurchase program could mean that the company has no new profitable investment opportunities and is thus returning cash to shareholders."
----------------------------------------------努力的时光都是限量版，加油！
NO.PZ201601200500005101问题如下 Wilson’s share buybacoula signththe company A.is creasing its financileverageB.views its shares unrvaluein the marketplaceC.hmore investment opportunities thit coulfuninternally. B is correct. Management sometimes unrtakes share repurchases when it views shares being unrvaluein the marketplace. Funinternally具体含义请老师一下，有点记不清了。
NO.PZ201601200500005101 问题如下 Wilson’s share buybacoula signththe company A.is creasing its financileverage B.views its shares unrvaluein the marketpla C.hmore investment opportunities thit coulfuninternally. B is correct. Management sometimes unrtakes share repurchases when it views shares being unrvaluein the marketplace. 老师你好，我知道A和C为什么是错的，请问为什么回购股票，投资者会认为市场上股票价格低估呢？请问再哪个知识点呢？
