Nguyen & Nguyen is an all-equity firm that has $14 per share in cash and a book value per share of $18. At which one of the following market prices would you know with absolute certainty that the stock was mispriced?   Multiple Choice   $14   $15   $13   $17   $16

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Nguyen & Nguyen is an all-equity firm that has $14 per share in cash and a book value per share of $18. At which one of the following market prices would you know with absolute certainty that the stock was mispriced?

 

Multiple Choice
  •  

    $14

  •  

    $15

  •  

    $13

  •  

    $17

  •  

    $16

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