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Q4-Firm A and Firm B are identical except that A is incorporated while B is an unlimited liability partnership. Both have assets worth $500,000 funded

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Q4-Firm A and Firm B are identical except that A is incorporated while B is an unlimited liability partnership. Both have assets worth $500,000 funded with a debt ratio of 40%. Suppose that the assets suddenly become worthless. What is the maximum possible loss to the equity holders of each company? (10 pts.)

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