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Widget Corp. s debt has a market value of $ 1 6 1 , 4 2 4 million, and Widget Corp. has no preferred stock.

Widget Corp.s debt has a market value of $161,424 million, and Widget Corp. has no preferred stock. If Widget Corp. has 300 million shares of common stock outstanding, what is Widget Corp.s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.)
$197.29
$538.08
$179.36
$178.36

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