If people expect future earnings of Galt Corporation to be high relative to current earnings,then
A)the P/E ratio of its stock will be high.A P/E ratio of 8 is relatively high.
B)the P/E ratio of its stock will be high.A P/E ratio of 8 is relatively low.
C)the P/E ratio of its stock will be low.A P/E ratio of 8 is relatively high.
D)the P/E ratio of its stock will be low.A P/E ratio of 8 is relatively low.

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The Answer of If people expect future earnings of Galt Corporation to be high relative to current earnings,then
A)the P/E ratio of its stock will be high.A P/E ratio of 8 is relatively high.
B)the P/E ratio of its stock will be high.A P/E ratio of 8 is relatively low.
C)the P/E ratio of its stock will be low.A P/E ratio of 8 is relatively high.
D)the P/E ratio of its stock will be low.A P/E ratio of 8 is relatively low.

If People Expect Future Earnings of Galt Corporation to Be