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QUESTION 8 0.25 points Save Answer Based on the corporate valuation model, Morgan Inc.'s total corporate value is $200 million. The balance sheet shows $90

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QUESTION 8 0.25 points Save Answer Based on the corporate valuation model, Morgan Inc.'s total corporate value is $200 million. The balance sheet shows $90 million of notes payable, $30 million of long- term debt, S40 million of preferred stock, and S100 million of common equity. The company has 10 million shares of stock outstanding. What is the best estimate of the stoc k's price per share? OA. S3.80 B. S3.36 C. S3.88 D. $4.00 E. S4.12

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