In November 2006, Citigroup's stock (NYSE: C) was trading at $49.59. Following the credit crisis of 2007-2008 and by Citigroup's stock price had plummeted to $4.27. Several banks went under, and others saw their stock prices lose more Based on your understanding of stock prices and intrinsic values, which of the following statements is true? A stock's intrinsic value is based on true investor returns. A stock's intrinsic value is based only on the perceived risk of a stock. You can estimate the value of a company's stock using models such as the corporate valuation model and the dividend following companies would you choose to evaluate if you were using the corporate valuation model to estimate the valu A company that has a stable distribution policy. A company that is not expected to distribute any earnings to its stockholders for the next few years. Which of the following describe the reason(s) why maximization of intrinsic stock value benefits society? Check all that a Consumers benefit when companies rise prices beyond reasonable levels. Workers prefer companies that minimize operating costs. Successful companies attract more talent. The owners of stock are society