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a)Discuss the following statements. Which of them are right and which are wrong? Explain your answer. I.It is impossible to estimate the intrinsic equity value

a)Discuss the following statements. Which of them are right and which are wrong? Explain your answer.

I.It is impossible to estimate the intrinsic equity value of a company that does not pay dividends.

II.The expected return of a stock investment is always equal to the required return of the investment.

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