Consider the attached book-value balance sheet for Federico Inc. for 2022. (You can open the attached spreadsheet in Excel. You have to "Close" the new window to go back to the test.)

Current Assets

Capital Assets

Total Assets

2022

11,900,000

83,500,000

95,400,000

Current Liabilities

Long-Term Debt

Non-Debt LT Liabilities

Total Liabilities

Total Equity

Total Liabilities & Equity

8,750,000

42,000,000

21,700,000

72,450,000

22,950,000

95,400,000

BV Balance Sheet.xls V

The firm faces a 34% flat tax rate. There is no debt in the current liabilities. The firm has 1,500,000 shares outstanding, which have a current market price of $62.50 per share. You wish to determine the market-value of the firm's capital assets. Assume that the market values of the current assets, current liabilities and long-term debt are equal to their gook value. Also, assume that the non-debt long-term liabilities have no market value. Remember to consider the value of the tax shield based on the assumptions of the 1963 Modigliani and Miller relationship. What is the market-value of the firm's capital assets?

O $132,600,000

O $83,500,000

O $140,020,000

$86,250,000

$118,320,000

Consider the attached book-value balance sheet for Federico Inc. for 2022. (You can open the attached spreadsheet in Excel. You have to "Close" the new window to go back to the test.) BV Balance Sheet.xIs The firm faces a 34% flat tax rate. There is no debt in the current liabilities. The firm has 1,500,000 shares outstanding, which have a current market price of $62.50 per share. You wish to determine the market-value of the firm's capital assets. Assume that the market values of the current assets, current liabilities and long-term debt are equal to their yook-value. Also, assume that the non-debt long-term liabilities have no market value. Remember to consider the value of the tax shield based on the assumptions of the 1963 Modigliani and Miller relationship. What is the market-value of the firm's capital assets