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In your preliminary analysis of Venice Surf Co. you have estimated the present value of its future free cash flows to be $31,356. The company

In your preliminary analysis of Venice Surf Co. you have estimated the present value of its future free cash flows to be $31,356. The company has nonoperating assets of $1,407 and nonoperating liabilities of $7,299, and there are 725 of common stock outstanding. Estimate the value of each share using the free cash flow information above. Present your answer to two decimal places (e.g., $20.00)

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