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Outside investors estimate a stocks intrinsic value (P 0 ) and find that the intrinsic value of the stock is $15.35 per share. The stock

Outside investors estimate a stocks intrinsic value (P₀) and find that the intrinsic value of the stock is $15.35 per share. The stock is now trading at $18.45 per share at the current market price. Then, the stock is

undervalued

at par value

at equilibrium

overvalued

not enough information to make a coclusion

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