Lex corp debt has a market value of 232055 million and lex, Ask an Expert

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Lex Corp debt has a market value of $232,055 million, and lex crop has no preferred stock. If lex corp. has 450 million shares of commons stock outstanding,

Required:

What is lex corp.'s estimated intrinsic value per share of common stock? Show your all workings and formulas.

A. 189.08

B. 515.68

C. 171.89

D. 170.89

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147008

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