If markets are efficient, the difference between the intrinsic value and market value of a companys security
Question:
If markets are efficient, the difference between the intrinsic value and market value of a company’s security is:
A. Negative.
B. Zero.
C. Positive.
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Related Book For
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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