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RA 4.5 Homework Unanswered A company's enterprise value is $90 million. If it has $20 million debt outstanding, $2 million in cash, and there are

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RA 4.5 Homework Unanswered A company's enterprise value is $90 million. If it has $20 million debt outstanding, $2 million in cash, and there are 15 million shares outstanding, what's its price per share? Round to the nearest cent. [Hint: You are not supposed to do DCF valuation here. One of the formulas on the DCF page shows you how to find a company's stock price easily if you already know its enterprise value.] Numeric Answer: 4.4 You are incorrect 4.4 - - - - - - - - - X Hint Check out Example 4.2 and make sure you are using Eq. 4.3. Answered - Incorrect 1 attempt left. Change your responses to resubmit

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