Using the corporate valuation model, the value of a company's operations is $$400$ million. The company's balance sheet shows $$20$ million in short$-$term investments that are unrelated to operations. The balance sheet also shows $$50$ million in accounts payable, $$90$ million in notes payable, $$30$ million in long$-$term debt, $$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?

Question $6$ options:

$$10$

$$24$

$$28$

$$26$

$$21$