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JU TUDI 11. Based on the corporate valuation model, Liberty Media has a total corporate value of $1,200 million. The company's balance sheet shows $200 million of notes payable, $350 million of long-term debt, $100 million of preferred stock, $180 million of retained earnings, and $800 million of total common equity. If the company has 20 million shares of stock outstanding what is the best estimate of its price per share? $21.90 $24.33 $27.50 $29.44 $32.39 Union Pacific Railroad's bonds mature in 2026 (8 years), have a par value of $1,000, and make an annual coupon interest payment of $70. The market requires an interest rate of 8.4% on these bonds. What is the bond's value? $903.04 $920.75 $948.76 $972.48 $996.79