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Lex Corp. s debt has a market value of $ 1 6 5 , 6 6 9 million, and Lex Corp. has no preferred stock.

Lex Corp.

s debt has a market value of $

165, 669

million, and Lex Corp. has no preferred stock. If Lex Corp. has

600

million shares of common stock outstanding, what is Lex Corp.

s estimated intrinsic value per share of common stock?

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