Question: Using a discounted cash flow method, an investor calculated the intrinsic value of a company which is equal to the current market price. By investing

Using a discounted cash flow method, an investor calculated the intrinsic value of a company which is equal to the current market price. By investing into this company at the current market price, what would be the expected alpha of the investment?

a. The discount rate used in calculating the present value of the cash flows

b. The required rate of return

c. Zero

d. Risk-free rate

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