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Lakeside Manufacturing has 2 million shares of common stock outstanding that sell for $17 a share. If the company has $40 million of common equity

Lakeside Manufacturing has 2 million shares of common stock outstanding that sell for $17 a share. If the company has $40 million of common equity on its balance sheet, what is the company's Market Value Added (MVA)? If result is negative, explain why MVA value can not have a negative result. (Show all steps for full understanding).

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