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C. What is a firm's intrinsic value? Its current stock price? Is the stock's true long-run value more closely related to its intrinsic value or
C. What is a firm's intrinsic value? Its current stock price? Is the stock's "true" long-run value more closely related to its intrinsic value or to its current price? D. When is a stock said to be in equilibrium? Why might a stock at any point in time not be in equilibrium
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