Using the corporate valuation model

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Using the corporate valuation model, you calcualted the value of the company's operations and found it to be $1,300 million. The company's balance sheet show $85 million in accounts receivable,$65million in inventory, and $100 million investments in market securites. The balance sheet also shows $90million in accounts payable, $250million in long term debt, $50m in prefered stock, $180million in retained earnings and $800million in total common equity. If the company has $30million shares of stock outstanding, what is the best estimate of the stock's price per share?

Reference no: EM131445301

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