Question: Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $1,350 million. Its balance sheet shows $110 million in notes

Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $1,350 million. Its balance sheet shows $110 million in notes payable, $90 million in long-term debt, $20 million in preferred stock, $140 million in retained carnings, and $280 million in total common equity. If the company has 25 million shares of stock. outstanding. what is the best estimate of its stock price per share? a. 538.42 b. 545.20 c. 552,43 d. $36.16 e. $35.26

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