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the value of operation of a firm is 850 million and they have 15 million in...

the value of operation of a firm is 850 million and they have 15 million in short term investments. If they have 80 million in debt and 10 million in preferred stock, what is the value of each share of stock if they have 25 million shares outstanding?

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Answer #1
Value of operation $     850 million
Short term investments $        15 million
Debt $     (80) million
Preferred stock $     (10) million
Value of common stocks $     775 million
÷Number of shares            25 million
Value of each share $ 31.00
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