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A firm has current assets that can be sold for their book value of $10 million. The firm has a book value of long-term assets

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A firm has current assets that can be sold for their book value of $10 million. The firm has a book value of long-term assets of $60 million but expects that they could sell their assets on the market for $95 million. Additionally, the firm has $40 million of debt on its books, but, given a decrease in interest rates, the firm estimates that the market value of this debt is $60 million. If the firm has 5.25 million shares outstanding, then what is the intrinsic value of one share of the firm's stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Intrinsic value $

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