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Which of the following is TRUE of a stock's intrinsic value? Intrinsic value will always equal market value Intrinsic value is based on expectations of
Which of the following is TRUE of a stock's intrinsic value?
Intrinsic value will always equal market value | ||
Intrinsic value is based on expectations of future cash flows | ||
Intrinsic value only matters if capital markets are perfect | ||
Intrinsic value is calculated using accounting rules | ||
None of the above |
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