单选题
编号:2692731
1. Which of the following statements about a stock market series is least accurate?
- A.If the dividend payout ratio is 40 percent,the return on equity(ROE) is 10 percent,the nominal risk-free rate is 4 percent and the real risk-free rate is 3%,and the risk premium is 6 percent,the P/E ratio of the index should be 10.
- B.If stocks in a market index are expected to earn $44.23 in the coming year,are expected to pay out $18.58 in dividends,and the analyst projects an earning multiple of 17 times,the rate of return is 9.53 percent if the investor buys the index at the beginning of the year for 703.47.
- C.All else being equal,if the growth rate of dividends for stocks in an index increases,then the price to earnings(P/E) ratio should decrease.