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Business, 08.11.2019 05:31 javonteoshamccaliste

Nnovember 2006, citigroup’s stock (nyse: c) was trading at $49.59. following the credit crisis of 2007–2008 and by the end of october 2009, citigroup’s stock price had plummeted to $4.27. several banks went under, and others saw their stock prices lose more than 60% of their value. based on your understanding of stock prices and intrinsic values, which of the following statements is true?

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Nnovember 2006, citigroup’s stock (nyse: c) was trading at $49.59. following the credit crisis of 2...
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