Multiple Choice
Byrd Lumber has 2 million shares of stock outstanding. On the balance sheet the company has $40 million worth of common equity. The company's stock price is $15 a share. What is the company's Market Value Added (MVA) ?
A) ($80 million)
B) ($20 million)
C) ($10 million)
D) $20 million
E) $80 million
Correct Answer:
Verified
Correct Answer:
Verified
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