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16. An analyst gathers the following information regarding Monaco Capital Inc: Value obtained from FCFF model = $800 million Market value of cash and short-term

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16. An analyst gathers the following information regarding Monaco Capital Inc: Value obtained from FCFF model = $800 million Market value of cash and short-term investments = $90 million Book value of land held as an investment = $80 million Market value of land held as an investment = $120 million Bonds and notes outstanding = $325 million Number of shares outstanding = 200 million The value per share of Monaco's stock is closest to: A. $3.23 B. $3.43 C. $4

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