Question: Is it better for a firm`s actual stock price in the market to be under, over, or equal to its intrinsic value? Would your answer

Is it better for a firm`s actual stock price in the market to be under, over, or equal to its intrinsic value? Would your answer be the same from the standpoints of stockholders in general and a CEO who is about to exercise a million dollars in options and then retire? Explain.

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