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Byrd Lumber has 1 million shares of common stock outstanding and its stock price is $35 a share. On the balance sheet, the company has
Byrd Lumber has 1 million shares of common stock outstanding and its stock price is $35 a share. On the balance sheet, the company has $30 million of common equity. What is the company's Market Value Added (MVA)? 0-$5,000,000 $5,000,000 $10,000,000 O $35,000,000 O $25,000,000 Advantages of the corporate form of business, over other forms, include all of the following except: O Lower costs of separation of owners from managers, or so-called "agency costs." O Greater ease of raising capital. O Limited liability of the shareholders for corporate misdeeds. O Greater liquidity of ownership interests. O Greater ability to hire talented management
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