The Current Market Value of the Assets of ABC,Inc

question 36

Multiple Choice

The current market value of the assets of ABC,Inc.is $96 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)$35.89 million
• D)$52.72 million
• E)$64.08 million

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