1. Apples current p/e ratio is 11. From an analytical standpoint, this means :

		That the stock is cheap
		Nothing, because a number by itself means nothing.
		The company's stock price is trading at a discount to its earnings.
		None of these

*** Two different answer on Chegg. A: That the stock is cheap B: Nothing, because a number by itself means nothing. Which one is correct?

2. The difference between stocks and bonds is:

		There is no difference since stocks and bonds are both issued by corporations.
		Stocks trade on supply and demand, while bonds trade on issue date only.
		Stocks holders are equity investors, while bondholders are creditors.
		All of these are true.