Question: Based on the free cash flow valuation model, Bizzaro Co . ' s value of operations is $ 3 6 0 million. The balance sheet

Based on the free cash flow valuation model, Bizzaro Co.'s value of operations is $360 million. The balance sheet shows $67million of short-term investments that are unrelated to operations, $68million of accounts payable, $104million of notes payable, $36million of long-term debt, $44million of preferred stock, and $100 million of common equity. Bizzaro has 10 million shares of stock outstanding. What is the best estimate of the stock's price per share? (unnecessary to put $ sign into the answer space)

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