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-The table above gives the utility from pens and pencils. The marginal utility derived from the third pen is
Par Value
The face value of a bond or stock as stated by the issuing company, which may differ from its market value.
Undervalued
A term used to describe assets or securities that are selling for a price presumed to be below their true intrinsic value.
Overvalued
A term used to describe securities or assets that are trading at a price higher than their intrinsic or fundamental value.
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