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Based on the corporate valuation model, the value of a company s operations is $ 1 , 7 0 0 million. The company s balance
Based on the corporate valuation model, the value of a companys operations is $ million. The companys balance sheet shows $ million in accounts receivable, $ million in inventory, and $ million in shortterm investments that are unrelated to operations. The balance sheet also shows $ million in accounts payable, $ 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 the stocks price per share?
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