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Globo-Chem Co.s debt has a market value of $160,722 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 525 million shares of
Globo-Chem Co.s debt has a market value of $160,722 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 525 million shares of common stock outstanding, what is Globo-Chem Co.s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.)
$112.25 $306.14 $101.05 $102.05
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