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The value of Broadway-Brooks Ine. 's operations is $900 million, basod on the free cash flow valuation model, its baiance sheet shows $70 million in

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The value of Broadway-Brooks Ine. 's operations is $900 million, basod on the free cash flow valuation model, its baiance sheet shows $70 million in accounts receivable, 550 milison in inventory, 530 milifon in short-term investments that are unrelated to operations, 520 million in accounts payable, 5100 million in notes payable, $70 million in long-term debt, $20million in preferred stock, $140 milion in retained eamings, and $280 million in total cornmon equity. If the company has 20 miliion shares of stock outstanding, what is the best estimate of the stock's price per share? a. 528.4 b. $34.00 c. $27.8 d. $37.00

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