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A company has an enterprise value of $10mm. It has debt outstanding of $3mm. It has $1MM in cash. What is the value of the

A company has an enterprise value of $10mm. It has debt outstanding of $3mm. It has $1MM in cash. What is the value of the equity?

Question 9 options:

	$7mm
	$3mm
	$8mm
	$13mm

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