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When the Intrinsic Value of an Asset Exceeds the Market

Question 55

Multiple Choice

When the intrinsic value of an asset exceeds the market value,


A) the asset is undervalued to the investor.
B) the asset is overvalued to the investor.
C) liquidation value must be higher than book value.
D) Market value and intrinsic value are always the same; therefore, this could not happen.

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