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choco1433 choco1433
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2 years ago
If a stock's market price is greater than its intrinsic value then

▸ its internal rate of return to be lower than its required rate of return.

▸ its internal rate of return to be higher than its required rate of return.

▸ its internal rate of return to equal its required rate of return.

▸ its future cash flows to have a present value higher than the market price when discounted at the required rate of return.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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Aldrich E.Aldrich E.
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2 years ago
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choco1433 Author
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2 years ago
Thanks
ky
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Yesterday
You make an excellent tutor!
dri
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2 hours ago
This helped my grade so much Perfect
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