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Lee Manufacturings value of operations is equal to $900 million after a recapitalization (the firm had no debt before the recap). Lee raised $300 million

Lee Manufacturings value of operations is equal to $900 million after a recapitalization (the firm had no debt before the recap). Lee raised $300 million in new debt and used this to buy back stock. Lee had no short-term investments before or after the recap. Before the recap, the firm had 30 million shares. What is P (the stock price) after the recap?

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