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lntFin Inc. has two investment opportunities that will pay each 10 per year for the upcoming 1O years. The costs for both investment opportunities is

lntFin Inc. has two investment opportunities that will pay each 10 per year for the upcoming 1O years. The costs for both investment opportunities is 40 together. If the return on assets is 12% and lntFin Inc. has 2 million shares outstanding, then the fair price of each share of the company is closest to?

Select one:

0 a.36

0 b. 18

0 C. 42

0 d.55

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