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The following information applies to the next three problems. GreenFeet Corporation's value of operations is estimated to be about $550 million. GreenFeet has $100 million

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The following information applies to the next three problems. GreenFeet Corporation's value of operations is estimated to be about $550 million. GreenFeet has $100 million in debt (it has no preferred stock; GreenFeet has 10 million shares of stock outstanding. Suppose GreenFeet has decided to distribute $30 million, which it presently is holding in very liquid short-term investments. Assume that GreenFeet has not yet made the distribution. What is its intrinsic per share stock price? O45 60 . 55 50 48 Question 6 (1 point) Now suppose that GreenFeet has just made the $30 million distribution in the form of dividends. What is GreenFeet's intrinsic per share stock price after this dividend payment? MacBook Pro 255

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