Based on the corporate valuation model, morgan inc.'s total corporate value is $300 million. the balance sheet shows $90 million of notes payable, $30 million of long-term debt, $40 million of preferred stock, and $100 million of common equity. the company has 10 million shares of stock outstanding. what is the best estimate of the stock's price per share? $12.00 $12.64 $13.30 $14.00 $14.70
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