Question: Question 5 4 pts 9.5. Using the Corporate Valuation Method, you have determined the market value of the firm LKM is $2.5 billion. LKM has

Question 5 4 pts 9.5. Using the Corporate Valuation Method, you have determined the market value of the firm LKM is $2.5 billion. LKM has debt and preferred with a market value of $1 billion. If LKM has 75 million shares of stock, and you require a rate of return of 15%, then what is the value of the stock on a per share basis? (Omit $ sign and answer with 2 decimal places, X.XX )

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