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[CFA level 1模拟真题]Version 1 Questions-Q44

Q44. for an analyst evaluation the common stock of a financial institution that reported a small loss for the year ended 31 December 2003, the price multiple that is least likely to he meaningful is:

A. price to cash flow.

B. Price to hook value.

C. Leading price to earnings.

D. Trailing price to earnings.

 

答案和详解如下:

Q44.   D   Study Session 14-64. a,b

The trailing P/E would be negative.

 

 a

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d

 

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3x

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 d

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a

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C

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thx

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d

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[em02]

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