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1.Lo Corp. has an enterprise value of $8,000,000, long term debt of $2,000,000, and an under-funded pension obligation of $1,800,000.If Lo has 60,000 shares outstanding
1.Lo Corp. has an enterprise value of $8,000,000, long term debt of $2,000,000, and an under-funded pension obligation of $1,800,000.If Lo has 60,000 shares outstanding (and no shares under option), please compute Lo's intrinsic value per common share.
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