Complete the following statements by adding the missing word…
Complete the following statements by adding the missing words or selecting the correct option between the 2 alternatives presented as (X/X):One of the most important benefits of using comparative P/E ratios is that they can ________ stocks with different prices and various earnings levels.The P/B ratio does not work well for companies that primarily consist of ___________ assets such as __________.The two-stage DDM approach might be used to value a firm and its stock that experiences two stages of growth. These are a period of higher/lower growth and subsequently a period of higher/lower growth.A major shortcoming of the zero growth DDM model is that the model assumes a constant/growing dividend.The required inputs for the discounted cash flow (DCF) model are: historical/future cash flow amounts for the period analyzed; an estimated historical/future value that will result from the sale of the stock or asset; a discount rate to discount future cash flows to the present/future time.Features of preferred stock are a dividend paid out to stockholders before/after dividends are paid to common stockholders and priority/subordinate claim to assets before common stockholders. Operational efficiency refers to the _____ and _______ of processing a buy or sell order at the best available price. Computerized trading systems such as the Universal Trading Platform used on the Nasdaq, are designed to facilitate high transaction ________ and __________.___________ refers to how quickly a source reflects comprehensive information in the available trading prices.A price is efficient if the market has used all available information to set it implying that the stock always trades at a fair/inflated/deflated value.