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Milestone Inc. Distributes 55% of its profits and uses the rest in the operations of the firm. The profitability of the company's assets is 22%.

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Milestone Inc. Distributes 55% of its profits and uses the rest in the operations of the firm. The profitability of the company's assets is 22%. The current year's dividend face value of 1 b is 40%. Compute the intrinsic value of a share of this company for an investor whose required rate of return is 30%

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