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Uptown Interior Designs Is an All-Equity Firm That Has 40,000

Question 33

Multiple Choice

Uptown Interior Designs is an all-equity firm that has 40,000 shares of stock outstanding.The company has decided to borrow $74,000 to buy out the 2,100 shares of a deceased stockholder.What is the total value of this firm if you ignore taxes?


A) $2,008,157
B) $1,388,056
C) $1,409,524
D) $3,885,000
E) $2,630,620

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