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Firm's Value of operation is $300 million. It has $20million of short-term investments that are unrelated to operations, $50 million of Accounts payable, $90 millionof notes payable,, $30 million of long-term debt, $40 million of preferred stock, and $100 million of common equity. Firm has 10 million shares of stocks outstanding. What is the stock price per share?

Financial Management, Finance

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