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Based on the corporate valuation model, the value of a company's operations is $450 million. The company's balance sheet shows $50 million in accounts receivable.
Based on the corporate valuation model, the value of a company's operations is $450 million. The company's balance sheet shows $50 million in accounts receivable. $60 million in inventory, and $50 million in short-term investments that are unrelated to operations. The balance sheet also shows $50 million in accounts payable, $110 million in notes payable, $150 million in long-term debt, $50 million in preferred stock, $60 million in retained earnings, and $250 million in total common equity. If the company has 10.5 million shares of stock outstanding, what is the best estimate of the stock's price per share? What is MVA
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