Based on the corporate valuation model sg telecoms total


Based on the corporate valuation model, SG Telecom's total corporate value is $750 million. Its balance sheet shows $100 million notes payable, $200 million of long-term debt, $40 million of common stock, and $160 million of retained earnings, with a WACC of 10%. If the company has 44 million shares of stock outstanding, what is its price per share?

Rounded to 2 decimal places, with no special characters.

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Financial Management: Based on the corporate valuation model sg telecoms total
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