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An analyst estimates a value of $45 for a stock with a market price of $50. The analyst is most likely to conclude that a
An analyst estimates a value of $45 for a stock with a market price of $50. The analyst is most likely to conclude that a stock is overvalued if:
A. few analysts follow the stock and the analyst has less confidence in his model inputs.
B. few analysts follow the stock and the analyst is confident in his model inputs.
C. many analysts follow the stock and the analyst is confident in his model inputs.
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