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Based on a discount free method , you have estimated the value of company to be $720 million. the company has $145 million of long-term
Based on a discount free method , you have estimated the value of company to be $720 million. the company has $145 million of long-term debt outstanding (common equity comprises the rest). There are 11.1 million shares of common stock outstanding. What is the firm's estimated value per share of common stock? A).13.18 B).65.00 C).65.45 D).78.64 E).52.27
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