Question: Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $ 9 0 0 million. Its balance sheet shows $

Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $900 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?
Based on the corporate valuation model, the total corporate value of

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