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Which of the following statements is CORRECT? a. An estimate of a stocks true value based on accurate risk and return data is the market
Which of the following statements is CORRECT? a. An estimate of a stocks true value based on accurate risk and return data is the market value of stock. b. The stock value based on perceived but possibly incorrect information as seen be the marginal investor is the intrinsic value of stock. c. The stock price calculated based on using existing financial information is the market price of the stock. d. Managements goal should be to take actions designed to maximize the firms intrinsic value rather than market price of the stock.
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