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Hayes Corporation has $900 million of common equity on its balance sheet and 10 million shares of common stock outstanding. The companys market value added

Hayes Corporation has $900 million of common equity on its balance sheet and 10 million shares of common stock outstanding. The companys market value added (MVA) is $400 million. What is the companys stock price?

Select one:

a. $ 132

b. $ 75

c. $ 50

d. $130

e. $ 23

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