Based on the corporate valuation model, the value of Chen Lin Inc.'s operations is $ 852 million. Its balance sheet shows $ 112 million in notes payable, $ 100 million in long-term debt, $ 16 million in preferred stock, $140 million in retained earnings, and $280 million in total common equity. If the company has 21 million shares of stock outstanding, what is the best estimate of its stock price per share?

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