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1) Bob believes an investment will pay $88 next year. Sally estimates the investment will pay $93 next year. If the required rate of return

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1) Bob believes an investment will pay $88 next year. Sally estimates the investment will pay $93 next year. If the required rate of return for the investment is 7%, a. What is Bob's estimate for the intrinsic value of the investment? b. What is Sally's estimate for the intrinsic value of the investment? C. If the market price of the investment is $84, would either Bob or Sally or both be interested in purchasing the investment

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