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If a stock's market price is greater than its intrinsic value then one would expect that A. its internal rate of return to be lower
If a stock's market price is greater than its intrinsic value then one would expect that
A.
its internal rate of return to be lower than its required rate of return.
B.
its future cash flows to have a present value higher than the market price when discounted at the required rate of return.
C.
its internal rate of return to equal its required rate of return.
D.
its internal rate of return to be higher than its required rate of return.
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