11. Using the corporate valuation model, the value of a companys operations is $950 million....
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11. Using the corporate valuation model, the value of a companys operations is $950 million. The companys balance sheet shows $50 million in short-term investment. The company also has 150 m in accounts payable, $200 m in note payable, $300 m in long-term debt, $ 240 m in common stock and 160 m in retain earnings. What is your best estimate for the market value of equity per share if total number of shares outstanding = 10 million?
