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Business, 10.09.2019 20:30 paulandigi

An analyst with a leading investment bank tracks the stock of mandalays inc. according to her estimations, the value of mandalays inc.’s stock should be $78.54 per share, but mandalays inc.’s stock is trading at $99.25 per share on the new york stock exchange (nyse). considering the analyst’s expectations, the stock is currently:
a. in equilibrium
b. overvalued
c. undervalued

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