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Intrinsic Price per Share Based on FCFs Blunderbluss Manufacturing's balance sheets report $320 million in total debt, $67 million in short-term investments, and $70 million
Intrinsic Price per Share Based on FCFs Blunderbluss Manufacturing's balance sheets report $320 million in total debt, $67 million in short-term investments, and $70 million in preferred stock. Blunderbluss has 5 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $800 million. What is the analyst's estimate of the intrinsic stock price per share? Round your answer to the nearest cent.
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