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The Current Market Value of the Assets of ABC,Inc

Question 46

Multiple Choice

The current market value of the assets of ABC,Inc. is $86 million. The market value of the equity is $43.28 million. What is the market value of the firm's debt?


A) Cannot be determined from the information given.
B) $21.36 million
C) $42.72 million
D) $64.08 million
E) $129.28 million

Correct Answer:

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