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Louie's Truck Repair has assets with a market value of $8000. The company has three types of securities: equity, $2500 of debt, and 100 warrants

Louie's Truck Repair has assets with a market value of $8000. The company has three types of securities: equity, $2500 of debt, and 100 warrants that are fairly priced at $20 each. What is the value of Louie's equity?

A.$5430
B.$12,500
C.$10,500
D.$3500

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