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Estimate the intrinsic value for 2019 for Royal, Inc. using the residual income (RIM) model given the following information. Your estimation period is the most

Estimate the intrinsic value for 2019 for Royal, Inc. using the residual income (RIM) model given the following information. Your estimation period is the most recent five years ending in 2018. You have an opportunity cost of 15% (table)

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