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Using the Corporate Valuation Method, you have determined the market value of the firm KLM is...

Using the Corporate Valuation Method, you have determined the market value of the firm KLM is $1.5 billion. KLM has debt and preferred with a market value of $750 million. If KLM has 25 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?

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