Multiple Choice
A firm has a market capitalization of $2 million,market value of interest bearing debt of $1 million,book value of interest bearing debt of $500,000 and cash of $100,000. What is the enterprise value?
A) $2.5 million
B) $2.9 million
C) $3.0 million
D) $3.5 million
E) $3.6 million
Correct Answer:
Verified
Correct Answer:
Verified
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