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Based on the corporate valuation model, Morgan total corporate value is $200 million. The balance sheet shows $90 million of notes payable, $30 million of

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Based on the corporate valuation model, Morgan total corporate value is $200 million. The balance sheet shows $90 million of notes payable, $30 million of long-term debt, $40 million of preferred and $100 million of common equity. The company has so million shares of stock outstanding. What is the best estimate of the stock's price per share? a. $3.88 b. $3.36 c. $4.00 d. $3.00 e. $4.12 Based on the corporate valuation model, Morgan total corporate value is $200 million. The balance sheet shows $90 million of notes payable, $30 million of long-term debt, $40 million of preferred and $100 million of common equity. The company has so million shares of stock outstanding. What is the best estimate of the stock's price per share? a. $3.88 b. $3.36 c. $4.00 d. $3.00 e. $4.12

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