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Based on the corporate valuation model, Morgan incis total corporate value is 4450 million. The belance sheet shows $200 mithon af notes payable, s7o mition

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Based on the corporate valuation model, Morgan incis total corporate value is 4450 million. The belance sheet shows $200 mithon af notes payable, s7o mition of lang-term debt, 190 mitsion of preferred stock, and $100 milition of common equity. The company has 10 million shares of stock outstanding. What is the best estimate of the stock's arice per share? a. $9.00 b. $15.00 $16.00 1. 518,00 B. $35.00

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