Last year, GrowthCo traded at $20 per share. Over the past 12 months, the companys share price

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Last year, GrowthCo traded at $20 per share. Over the past 12 months, the company’s share price rocketed to $60 per share. Does this mean the share price was misvalued last year?

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Valuation Measuring and managing the values of companies

ISBN: ?978-0470424704

5th edition

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

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Question Posted: Aug 12, 2015 02:28 AM

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Last year, GrowthCo traded at $20 per share. Over the past 12 months, the companys share price

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The stock did not have to be mispriced The comparatively low price a ...View the full answer

Valuation Measuring and managing the values of companies

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