Estimate macs stock price per share

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Reference no: EM131589671

Mac, Inc. has 5 million shares outstanding. The company's value of operations is $120 million. The firm also has $10 million in non-operating assets, mostly marketable securities. The firm does not finance with preferred stock but has $45 million in interest bearing short term and long term debt. With this information, estimate Mac's stock price per share.

$17

$8.5

$24

None of the above

Reference no: EM131589671

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