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The no-arbitrage price of any financial asset is: the accounting book value of all future cash flows received from the asset the market value of
The no-arbitrage price of any financial asset is:
| the accounting book value of all future cash flows received from the asset |
| the market value of all future cash flows received from the asset |
| the present value of all future cash flows received from the asset |
| the future value of all future cash flows received from the assets |
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