QUESTION 4 Based on the corporate valuation model, Gay Entertainments total corporate value is $1,200 million. The company's balance sheet shows S120 million of notes payable, $300 million of long-term debt, $50 million of preferred stock, S180 million of retained earnings, and $800 million of total common equity. If the company has 30 million shares of stock outstanding, what is the best estimate of its price per share? Oa $29.44 Ob.$32.39 Oc.$21.90 Od $24.33 Oe.$26.77