Question: QUESTION 10 Based on the corporate valuation model, the total corporate value of Chen Lin Inc. is $900 million. Its balance sheet shows $110 million

QUESTION 10 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, S20 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? Oa $29.92 Ob-$32.91 O c. $24.48 d.$27.20 O e, $22.03

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