CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

The theory underlying the asset-based approach is that the ______

A. intrinsic value of a security is the present value of the future benefits expected to be received from the security.
B. value of a business is equal to the sum of its parts.
C. value of a stock can be evaluated based on comparisons of multiples of similar stocks.
Correct Answer: B

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