Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $1,150 million. Its balance sheet shows $250 million in notes payable, $210 million in long-term debt, $50 million in preferred stock, $140 million in retained earnings, and $280 million in total common equity. If the company has 15 million shares of stock outstanding, what is the best estimate of its stock price per share? a 33.33 6.559.33 $46.00 d. $42.67 e $40.00