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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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