Which of the following would not be a reason for the market price of Bishop Corp

Question

Which of the following would not be a reason for the market price of Bishop Corporation stock to decrease?

A. The general condition and future outlook of the economy are shaky.

B. There has been a recent decrease in key interest rates.

C. Investors expect Bishop's financial performance to decline in the future.

D. Bishop's net income for the current year was lower than last year.

A. The general condition and future outlook of the economy are shaky.

B. There has been a recent decrease in key interest rates.

C. Investors expect Bishop's financial performance to decline in the future.

D. Bishop's net income for the current year was lower than last year.

Explanation / Answer

The recent decrease in key interest rates would not be a reason for the market price of Bishop Corporation stock to decrease. Decrease in key interest rates will atract more investment and thus increase stock price. Option B is correct

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.