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Suppose in the case of XZ Lad using a one year investment horizon the price of the stock is forecasted to be sh. 52 at

Suppose in the case of XZ Lad using a one year investment horizon the price of the stock is forecasted to be sh. 52 at the end of the year. Assume the expected dividend per share is sh. 4 and the required rate of return is 12%. Determine the intrinsic value.

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