question archive 1- What is a firm's intrinsic value? Its current stock price? Is the stock's "true" long-run value more closely related to its intrinsic value or to its current price? 2- When is a stock said to be in equilibrium? Why might a stock at any point in time not be in equilibrium? 3- Suppose three honest individuals gave you their estimates of Stock X's intrinsic value
1- What is a firm's intrinsic value? Its current stock price? Is the stock's "true" long-run value more closely related to its intrinsic value or to its current price? 2- When is a stock said to be in equilibrium? Why might a stock at any point in time not be in equilibrium? 3- Suppose three honest individuals gave you their estimates of Stock X's intrinsic value
Subject:BusinessPrice: Bought3
1- What is a firm's intrinsic value? Its current stock price? Is the stock's "true" long-run value more closely related to its intrinsic value or to its current price?
2- When is a stock said to be in equilibrium? Why might a stock at any point in time not be in equilibrium?
3- Suppose three honest individuals gave you their estimates of Stock X's intrinsic value. One person is your current roommate, the second person is a professional security analyst with an excellent reputation on Wall Street, and the third person is Company X's CFO. If the three estimates differed, in which one would you have the most confidence? Why?
