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WITCHER [35]
4 years ago
10

Vision Tech’s stock price is currently trading at $22 per share. The consensus among analysts is that the intrinsic value of Vis

ion Tech’s stock is $29 per share. Is Vision Tech more or less likely to receive a hostile takeover bid?
Business
1 answer:
borishaifa [10]4 years ago
5 0

Answer:

More likely

Explanation:

If the current market price of a stock is higher than the intrinsic value of that stock, it is less likely to receive a hostile takeover bid. On the other hand, if the current market price of a stock is lower than the intrinsic value of that stock, it is more likely to receive a hostile takeover bid. The reason is that the intrinsic value is the decision-making tool for the investors, which helps the investors to invest in that company.

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