QUESTION 1. The current year profits of Levelex Inc. is XXXXXXXXXX₺ and expected profits for the next year is XXXXXXXXXX₺. The average profitability of its assets is 22% and the current year dividend...

QUESTION 1. The current year profits of Levelex Inc. is 1.000.000₺ and expected profits for the
next year is 1.250.000₺. The average profitability of its assets is 22% and the current year dividend per face value
of 1₺ is 30%.
a) Compute the intrinsic value of a stock of this company for an investor whose minimum required rate of
return is 25 %.
b) Compute the value of this stock under the same assumptions 2 years later.