- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Valuation
- Learning Module 24. Residual Income Valuation
- Subject 1. Calculating Residual Income
CFA Practice Question
When residual income is constantly negative, a company' stock price should ______.
B. decrease
C. remain the same
A. increase
B. decrease
C. remain the same
Correct Answer: B
As a result, the dividend yield increases.
User Contributed Comments 1
User | Comment |
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davidt876 | i think it's more pertinent to mention that *earnings yield increases since this valuation method uses earnings as its cash flow. also if the company doesn't pay a dividend then the dividend yield can't increase. |