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Marjorie Manufacturings balance sheets report $250 million in total debt, $100 million in short-term investments, and $89 million in preferred stock. Marjorie has 13 million
Marjorie Manufacturings balance sheets report $250 million in total debt, $100 million in short-term investments, and $89 million in preferred stock. Marjorie has 13 million shares of common stock outstanding. A financial analyst estimated that Marjories value of operations is $900 million. What is the analysts estimate of the intrinsic stock price per share? Blank 1
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