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7-5. Blunderbluss Manufacturing's balance sheets report $200 million in total debt, $70 million in short- term investments, and $50 million in preferred stock. Blunderbluss has

7-5. Blunderbluss Manufacturing's balance sheets report $200 million in total debt, $70 million in short- term investments, and $50 million in preferred stock. Blunderbluss has 10 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $800 million. What is the analyst's estimate of the intrinsic stock price per share?

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