Question: distinguish between subjective expected return and required rate of return what would you do if you believe that a stock will offer a return lower
- distinguish between "subjective expected return" and required rate of return
- what would you do if you believe that a stock will offer a return lower than required rate of return during the next 12 months
- define intrinsic value. How to calculate intrinsic value
- what would you do if you find that a stock has an intrinsic value less than its current market price
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