Using the corporate valuation model, the value of a companys operations is $400 million. The...

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Finance

Using the corporate valuation model, the value of a companys operations is $400 million. The companys balance sheet shows $30 million in long-term debt, $40 million in preferred stock, and $100 million in total common equity. If the company has 10 million shares of stock, what is your best estimate for the stock price per share?

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