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KneeMan Markup Company has total debt obligations with book and market values equal to $27 million and $26 million, respectively. It also has total equity

KneeMan Markup Company has total debt obligations with book and market values equal to $27 million and $26 million, respectively. It also has total equity with book and market values equal to $38 million and $70 million, respectively. If you were going to buy all of the assets of KneeMan Markup today, how much should you be willing to pay?

Willing to pay $

million.

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