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The following data apply to Grullon-Ikenberry Inc. Value of operations $1000 Short term investments $100 Debt $300 Number of shares 100 The company plans to

The following data apply to Grullon-Ikenberry Inc. Value of operations $1000 Short term investments $100 Debt $300 Number of shares 100 The company plans to distribute $50 as dividend payments. What will the intrinsic per share stock price be immediately after the distribution? Please discuss your solution! a. $6.32 b. $6.65 c. $7.00 d. $7.35 e. $7.72 f. None of the above

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