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Based on the corporate valuation model, SG Telecom's total corporate value is $750 million. Its balance sheet shows $100 million notes payable, $200 million of
Based on the corporate valuation model, SG Telecom's total corporate value is $750 million. Its balance sheet shows $100 million notes payable, $200 million of long term debt, $40 million of common stock, and $160 million of retained earnings, with a WACC of 10%. If the company has 21 million shares of stock outstanding, what is its price per share?
Your answer should be between 5.04 and 58.72, rounded to 2 decimal places, with no special characters.
Based on the corporate valuation model, SG Telecom's total corporate value is $750 million. Its balance sheet shows $100 million notes payable, $200 million of long term debt, $40 million of common stock, and $160 million of retained earnings, with a WACC of 10%. If the company has 21 million shares of stock outstanding, what is its price per share?
Your answer should be between 5.04 and 58.72, rounded to 2 decimal places, with no special characters.
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