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Byrd Lumber has 2 million shares of stock outstanding. On the balance sheet the company has $39 million worth of common equity. The company's stock
Byrd Lumber has 2 million shares of stock outstanding. On the balance sheet the company has $39 million worth of common equity. The company's stock price is $26 a share. What is the company's Market Value Added (MVA)? If negative, use the negative sign instead of parentheses, e.g. -130,000.
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