When the intrinsic value of an asset exceeds the market


When the intrinsic value of an asset exceeds the market value

a) the assest is undervalued to the investor

b) the asset is overvalued to the investor

c) market value and intrinsic value are always the same ; therefore this could not happen

d) liquidation value must be higher than book value

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Financial Management: When the intrinsic value of an asset exceeds the market
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