Omni Consumer Products Co.s debt has a market value of $3,581 million, and Omni Consumer Products Co. has no preferred stock. If Omni Consumer Products Co. has 300 million shares of common stock outstanding, what is Omni Consumer Products Co.s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.)

$4.38

$3.98

$2.98

$11.94