Long run returns in the USA stock market have been quite strong averaging 12% return per

year. However, these returns are far from certain and vary from year to year. Considering what

you have learnt about intrinsic value and what you have seen of the markets, do you think that

average stock on the stock market are fairly priced?

Answer rating: 100% (QA)

The concept of intrinsic value refers to the perceived or calculated value of an asset such as a stock based on fundamental analysis and underlying fa... View the full answer