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7. Hayes Corporation has $300 million of common equity, with 6 million shares of common stock outstanding. If Hayes' Market Value Added (MVA) is $192

7. Hayes Corporation has $300 million of common equity, with 6 million shares of common stock outstanding. If Hayes' Market Value Added (MVA) is $192 million, what is the company's stock price? (Round your final answer to two decimal places.)

Select one:

a.$82.00

b.$101.68

c.$93.48

d.$99.22

e.$82.82

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