Lee Manufacturings value of operations is equal to $914 million after a recapitalization (the firm had no debt before the recap). Lee raised $268 million in new debt and used this to buy back stock. Lee had no short-term investments before or after the recap. After the recap, wd =29.32%. The firm had 59 million shares before the recap. What is P (the stock price after the recap)?

		$24.11
		$8.48
		$19.76
		$15.49
		$18.17