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I need some help with the southeastern homecare case. In question 6a, it asks what are the book values of Southeastern's long-term debt and equity?
I need some help with the southeastern homecare case. In question 6a, it asks what are the book values of Southeastern's long-term debt and equity? What are the current market values of Southeastern's long-term debt and equity?
In Exhibit 18.1 the long-term book debt is given at $20.0 million. My assumption that the Common stock $20.3 million is the book equity. How do i calculate the current market value of the long-term debt and the market value of equity?
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