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4. A top-down analysis of a firm's prospects starts with an analysis of the O Global economy or Domestic economy O Industry O firm's position
4. A top-down analysis of a firm's prospects starts with an analysis of the O Global economy or Domestic economy O Industry O firm's position in industry O specific firm under consideration 5. The intrinsic value of a stock is O current market price of the stock O book value of equity per share on the firm's balance sheet O present value of all its future cash flows O none of above
A top-down analysis of a firm's prospects starts with an analysis of the
O Global economy or Domestic economy
O Industry
O firm's position in industry
O specific firm under consideration
5.
The intrinsic value of a stock is
O current market price of the stock
O book value of equity per share on the firm's balance sheet
O present value of all its future cash flows
O none of above
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