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Based on the corporate valuation model, Gay Entertainment 'a total corporate value is $1,20o million The company's balance sheet shoxs $120 niliion o: notes payab-e,

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Based on the corporate valuation model, Gay Entertainment 'a total corporate value is $1,20o million The company's balance sheet shoxs $120 niliion o: notes payab-e, 3300 mon of Long-tern debt, $5o miiiion . t the : lion sharea o: stock outstanding, what is the best estimate of its price per shaze? (Points company has 30 1.5) 0 321.90 $24-33 $26.77 $29.44 32.39 9

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