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海歌 · 2023年09月20日

为什么c是错误的?

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问题如下:

The intrinsic value of an undervalued asset is:

选项:

A.

less than the asset’s market value.

B.

greater than the asset’s market value.

C.

the value at which the asset can currently be bought or sold.

解释:

B is correct.

The intrinsic value of an undervalued asset is greater than the market value of the asset, where the market value is the transaction price at which an asset can be currently bought or sold.

考点:Efficient Capital Market And Its Forms

这道题就是在考察你是否理解什么叫做资产的内在价值,我们说一项资产的内在价值就是它的真实价值,如果该股票被低估了,那就说明当前市场价值低于其真实价值。

另外有一道题是『The market value of an undervalued asset is:』


它的答案就是 the value at which the asset can currently be bought or sold。 请问这个答案是什么意思? (从字面理解这是句废话,就好像说,明天股价不是涨就是跌……)

1 个答案
已采纳答案

王园圆_品职助教 · 2023年09月20日

同学你好,本题把C选项连起来就是“The intrinsic value of an undervalued asset is the value at which the asset can currently be bought or sold.”

而你说的那道题全文是“The market value of an undervalued asset is the value at which the asset can currently be bought or sold.”

放在一起,看标注颜色的部分,就可以看出区别了

首先,the value at which the asset can currently be bought or sold.是指该资产现在买卖的价格,也就是这个资产现在在市场上的交易价格——市场价格是由供需关系决定的,如果供不应求,价格就会上涨,如果供大于求,价格就会下跌,所以这肯定是指的market value

而intrinsic value是指的资产实际的价值,是由资产未来可以产生的一系列现金流折现到0时刻的价值,和资产的价格没有任何关系