If assets are measured at their fair intrinsic value the, Finance Basics

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If assets are measured at their fair intrinsic value the

Question: 1. If assets are measured at their fair (intrinsic) value, the analyst must forecast that residual earnings from those assets will be zero. Is this correct?

2. Why might the market value of the assets of a pure investment fund that holds only equity securities not be an indication of the funds (intrinsic) value?

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