Examlex
Which of these is a measure summarizing the overall past performance of an investment?
Fair Market Value
An estimate of the price at which an asset would change hands between willing buyers and sellers in an arms-length transaction.
Book Value
The net value of a company's assets, subtracting liabilities from the total assets, often used to determine a company's worth.
Pac-man Defence
A strategy used by a company facing a hostile takeover attempt, where it turns around to try to acquire the company that initially targeted it.
Counter-offer
A response to an original offer, modifying its terms in hopes of reaching an agreement that's more favorable to the responder.
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