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Which of the following is more likely to be correct if market value of equity is less than book value of equity? Select one: a

Which of the following is more likely to be correct if market value of equity is less than book

value of equity?

Select one:

.

the company is bankrupt.

.

investors anticipate low earning potential relative to the level of risk.

.

investors anticipate excellent earning potential.

.

assets have been fully depreciated.

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