Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $$500$ million. Its balance sheet shows $$110$ million in notes payable, $$90$ million in long$-$term debt, $$20$ million in preferred stock, $$140$ million in retained earnings, and $$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$.$ $$11\mathrm{.}98$

b$.$ $$9\mathrm{.}74$

c$.$ $$11\mathrm{.}20$

d$.$ $$9\mathrm{.}18$