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Paraphrase Market factors determine market price. Analysts determine intrinsic value. When a stock's market price is equal to its intrinsic value, it is said to
Paraphrase Market factors determine market price. Analysts determine intrinsic value. When a stock's market price is equal to its intrinsic value, it is said to be in equilibrium. Short term influences may cause market prices to differ from intrinsic value, taking the stock out of equilibrium
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
