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Homework answers / question archive / Blunderbluss Manufacturing's balance sheets report $310 million in total debt, $62 million in short-term investments, and $60 million in preferred stock

Blunderbluss Manufacturing's balance sheets report $310 million in total debt, $62 million in short-term investments, and $60 million in preferred stock

Finance

Blunderbluss Manufacturing's balance sheets report $310 million in total debt, $62 million in short-term investments, and $60 million in preferred stock. Blunderbluss has 10 million shares of common stock outstanding. A financial analyst estimated that Blunderbuss's value of operations is $815 million. What is the analyst's estimate of the intrinsic stock price per share? 

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