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Praxis Corp. ' s debt has a market value of $ 1 1 8 , 4 8 6 million, and Praxis Corp. has no preferred
Praxis Corp.s debt has a market value of $ million, and Praxis Corp. has no preferred stock. If Praxis Corp. has million shares of common
stock outstanding, what is Praxis Corp.s estimated intrinsic value per share of common stock? Note: Round all intermediate calculations to two
decimal places.
$
$
$
$
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