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Nobio Inc.'s enterprise value is $10 million. Nobio has debt outstanding in the form of 1,000 bonds currently priced at $1,005 each. Nobio also has

Nobio Inc.'s enterprise value is $10 million. Nobio has debt outstanding in the form of 1,000 bonds currently priced at $1,005 each. Nobio also has excess cash of $2 million on the balance sheet. If Nobio has 247,728 shares outstanding, what is the estimated price per share?

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