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Choose correct statement from the statements below about stocks: Liquidation value of equity should never be used in valuation If your expected return by holding

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Choose correct statement from the statements below about stocks: Liquidation value of equity should never be used in valuation If your expected return by holding certain stock exceeds required rate of return as calculated by CAPM, such stock represents a good investment, and should be purchased If your expected return by holding certain stock is below required rate of return as calculated by CAPM, such stock represents a good investment, and should be purchased Book value is determined by forces of supply and demand

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