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Callister Inc. expects to generate free cash flow of $300,000 per year forever. The firm's required return is 15 percent, the market value of debt

Callister Inc. expects to generate free cash flow of $300,000 per year forever. The firm's required return is 15 percent, the market value of debt is $150,000, the market value of the preferred stock is $50,000, and the company has 100,000 shares of common stock outstanding. What is the value of each share of Callister Inc.'s common stock?

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