Question: Asset D's expected return is 16% and its required return is 13%. Intrinsic value is Vo = $824. Calculate Asset D's current price (P). Express

Asset D's expected return is 16% and its required return is 13%. Intrinsic value is Vo = $824. Calculate

Asset D's current price (P). Express your answer as a decimal with two digits after the decimal point (e.g., 123.45).

answer is 802.69 ... but how?

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