Multiple Choice
You own 25 percent of Unique Vacations,Inc.You have decided to retire and want to sell your shares in this closely held,all-equity firm.The other shareholders have agreed to have the firm borrow $1.5 million to purchase your 1,000 shares of stock.What is the total value of this firm if you ignore taxes?
A) $4.8 million
B) $5.1 million
C) $5.4 million
D) $5.7 million
E) $6.0 million
Correct Answer:
Verified
Correct Answer:
Verified
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