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Moore Heel is a shoe manufacturing company. Moore has hired you to value the company based on the discounted cash flow method. You have

Moore Heel is a shoe manufacturing company. Moore has hired you to value the company based on the discounted cash flow method. You have determined that the present value of the company's cash flows is $400,000, marketable securities total $150,000, and the market value of debt is $250,000. What is the value of the firm? Answer is complete but not entirely correct. Value of the firm $ 800,000 x

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