单项选择题

Which of the following could be a growth stock（）

A. Expected return = required return.
B. Expected return ＜ required return.
C. Expected return ＞ required return.

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单项选择题All of the following variables affect the price-to-cash flow ratio EXCEPT:（）

A. dividend rate.
B. depreciation rate.
C. growth rate.

单项选择题When the government reallocates spending based upon a decision to promote new and developing industries, this would be categorized as:（）

A. a structural change.
B. monetary policy.
C. a cyclical change.