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Given the following information about Cronus, a retailer of timepieces, calculate its intrinsic value. E ( D 1 ) = 5 , E ( P

Given the following information about Cronus, a retailer of timepieces, calculate its intrinsic value.
E(D1)=5, E(P1)=120, P0=105,
=1.3, rf =2%, and E(rm)=9%.
Group of answer choices
$105
$111.11
$120
$112.51

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