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4.) If the total intrinsic value of a company is $700 million, and the company has $280 million in total debt and $100 million in

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4.) If the total intrinsic value of a company is $700 million, and the company has $280 million in total debt and $100 million in preferred shares, what is the intrinsic value of the company's stock price if the company currently has 8 million shares outstanding? A.) $16.00/share B.) $24.00/share C.) $40.00/share D.) $87.50/share E.) None of the above

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