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Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $ 9 0 0 million. Its balance sheet shows $
Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $ million. Its balance sheet shows $ million in notes payable, $ million in longterm debt, $ million in preferred stock, $ million in retained earnings, and $ million in total common equity. If the company has million shares of stock outstanding, what is the best estimate of its stock price per share?
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