- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 8. Equity Valuation: Concepts and Basic Tools
- Subject 7. Asset-Based Valuation
CFA Practice Question
Asset-based valuation models indicate that the intrinsic value of a common share equals ______.
B. assets - liabilities - preferred shares
C. the adjusted book value of common shares
A. assets - liabilities
B. assets - liabilities - preferred shares
C. the adjusted book value of common shares
Correct Answer: B
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