In problem 11, assume Frank's Superior Carworks has $1.5 million in debt and 500,000 shares outstanding. Based
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In problem 11, assume Frank's Superior Carworks has $1.5 million in debt and 500,000 shares outstanding. Based on your answer to problem 11, how much would Jeff's Powerwash be willing to pay for each share of Frank's Superior Carworks?LO1
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