Question: Based on a discount free method , you have estimated the value of company to be $720 million. the company has $145 million of long-term

Based on a discount free method , you have estimated the value of company to be $720 million. the company has $145 million of long-term debt outstanding (common equity comprises the rest). There are 11.1 million shares of common stock outstanding. What is the firm's estimated value per share of common stock?

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