The Yerrinbool Wool Limited has net non-current assets with a book value of $700 and an appraised

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The Yerrinbool Wool Limited has net non-current assets with a book value of

$700 and an appraised market value of about $1 000. Net working capital is $400 on the books, but approximately $600 would be realised if all the current accounts were liquidated. Yerrinbool Wool has $500 in non-current debt, both book value and market value. What is the book value of the equity? What is the market value?

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