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Based on the FCF valuation model, the value of Flagstaff Inc.'s operations is $900 million. The company's balance sheet shows $90 million in short-term investments,

Based on the FCF valuation model, the value of Flagstaff Inc.'s operations is $900 million. The company's balance sheet shows $90 million in short-term investments, $30 million in notes payable, $160 million in long-term debt, and $9 million in preferred stock. If it has 90 million shares of common stock outstanding, what is the best estimate of the stock's price per share?

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