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3.) If the value of operations for a company is $700 million, debt is $250 million, short-term investments are $60 million, and the amount of

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3.) If the value of operations for a company is $700 million, debt is $250 million, short-term investments are $60 million, and the amount of preferred stock is $140 million, what is the intrinsic value of the company's stock price if the company currently has 34 million shares outstanding? A) S10.88/share B.) $20.59/share C.) S29.12/share D.) $32.65/share E.) None of the above

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