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Which of the following situations would imply an opportunity for abnormal profits? a) A company trading below the book value of equity b) A company
Which of the following situations would imply an opportunity for abnormal profits?
a) A company trading below the book value of equity
b) A company trading below the liquidation value of assets
c) A company trading above the book value of equity
d) A company trading above the liquidation value of assets
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