d. If your calculated intrinsic value differed substantially from the current market price, and if your views
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d. If your calculated intrinsic value differed substantially from the current market price, and if your views are consistent with those of most investors (the marginal investor), what would happen in the marketplace? What would happen if your views were not consistent with those of the marginal investor and you turned out to be correct?
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Related Book For 
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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