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Show all work such as formulas The firm has $500 mil in short term investments; $100 million in preferred stock, and $300 million in corporate

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The firm has $500 mil in short term investments; $100 million in preferred stock, and $300 million in corporate bonds. There are 20 million shares of common stock outstanding. If the firm has a weighted average cost of capital of 13%, what is the intrinsic value of the common stock

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