4. Beale Corp. stock has been valued at $43.40 per share, assuming it is a liquid security with no controlling block of shareholders. However, Beale Corp. is privately held with illiquid stock and a controlling block of shareholders who hold 52% of the stock. You believe that a control premium of 15% and an illiquidity discount of 25% are reasonable. What share price should you offer the minority shareholders? a. $27.26 b. $29.08 c. $31.64 cl. $33.19 e. $36.36