Business, 19.03.2020 09:09, leneenmarshall3125
Lex Corp.’s debt has a market value of $31,514 million, and Lex Corp. has no preferred stock. If Lex Corp. has 600 million shares of common stock outstanding, what is Lex Corp.’s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.)
Answers: 2
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Lex Corp.’s debt has a market value of $31,514 million, and Lex Corp. has no preferred stock. If Lex...
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