Question
A firms enterprise value is equal to the market value of its debt and equity, less the firms holdings of cash and cash equivalents. This
A firms enterprise value is equal to the market value of its debt and equity, less the firms holdings of cash and cash equivalents. This figure is particularly of interest to potential purchasers of the firm. Why?
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Corporate Financial Management
Authors: Glen Arnold
4th Edition
0273719068, 978-0273719069
