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You are considering buying Netflix stock. The estimated present value of Netflix's future profits per share is $ 2 8 4 . 4 1 .

You are considering buying Netflix stock. The estimated present value of Netflix's future profits per share is $284.41. If the current price of a share of Netflix stock is you are more likely to buy it.
a. less than $284.41
b. more than $284.41
c. less than $284.41 times the price-to-earnings ratio
d. more than its relative valuation
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