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ABC Holdings is a publicly traded company with only two assets: It owns 60% of Tims Supply Shop and 100% of the Caribou Coat Factory.

ABC Holdings is a publicly traded company with only two assets: It owns 60% of Tim’s Supply Shop and 100% of the Caribou Coat Factory. Suppose the market value of ABC Holdings is $160 million, and the market value of the entire Tim’s Supply Shop (which is also publicly traded) is $120 million.
What is the market value of the Caribou Coat Factory?

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