An equity manager conducted a stock screen on 5,000 U.S. stocks that comprise her investment universe. The results of the screen are presented in the table below.
Criterion
% of Stocks
Meeting Criterion
Price per share/Sales per share <1.25
35.0
Total asset/Equity ≤ 2.5
48.2
Dividends >0
58.6
Consensus forecast EPS >0
75.0
Meeting all 4 criteria simultaneously
10.8
If all the criteria were completely independent of each other, the number of stocks meeting all four criteria would be closest to:
A. 293.
B. 371.
C. 540.作者: LaiQiangBJ 时间: 2011-11-30 18:29