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 13 million shares of stock outstanding, what is its price per share? Your answer should be between 5.04 and 58.72, rounded to 2 decimal places, with no special characters.

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 13 million shares of stock outstanding, what is its price per share? Your answer should be between 5.04 and 58.72, rounded to 2 decimal places, with no special characters.

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter9: The Cost Of Capital

Section: Chapter Questions

Problem 7P

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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 24 million shares of stock outstanding, what is its price per share? Your answer should be between 5.03 and 58.72, rounded to 2 decimal places, with no special characters.
based on the corporate valuation model , sg telecom total corporate value is $750 million. its. balance sheet shows $100 million notes payable, $200 million long term debt, $40 million common stock, and $160 million of retained earnings with a Wacc of 10%. if the company has 16 million shares of stock outstanding, what is the price per share?
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