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The present value of the cash flows expected to come from owning a share of stock a. is the maximum price an investor should be
The present value of the cash flows expected to come from owning a share of stock
a. is the maximum price an investor should be willing to pay for the share. | ||
b. is the minimum price an investor should be willing to pay for the share. | ||
c. is not related to the price that an investor should be willing to pay for the share. | ||
d. all of the above |
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