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The current year's profits of Ferro Inc. is 1200 and the next year's profits are estimated as 1400 . The current year's dividend per face

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The current year's profits of Ferro Inc. is 1200 and the next year's profits are estimated as 1400 . The current year's dividend per face value of 1 is 35%. Compute the intrinsic value of a share of this company for an investor whose required rate of return is 25%

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