Session 13: Market Organization, Market Indices, and Market Efficiency
Reading 57: Market Efficiency
LOS c: Distinguish between market value and intrinsic value.
The measure of an asset’s value that can most likely be determined without estimation is its:
The current price of a traded asset is its market value. An asset’s intrinsic or fundamental value is the price a rational investor with complete information about the asset would pay for it. | 
发表于 2011-3-29 16:30
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