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What is the term used to describe the concept of imitation?
Intrinsic Value
The perceived or calculated true value of an asset, investment, or company, based on fundamentals, independent of market value.
Required Return
The minimum expected return an investor demands for investing in a particular asset, factoring in its risk.
Discount Rate
The discount rate applied in the calculation of the present value of future cash flows in a DCF analysis.
Constant Growth Rate
An assumption in certain financial models that estimates an investment's dividends or cash flows will grow at a steady, unending rate.
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