Allied Biscuit Co.'s debt has a market value of $8,889 million, and Allied Biscuit Co. has no preferred stock. If Allied Biscuit Co. has 750 million shares of common stock outstanding, what is Allied Biscuit Co.'s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) $4.34 $11.85 $3.95 $2.95