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Question 1 A new company ABC has shareholder funds of $150m following the issue of 150 million ordinary shares at an issue price of $1.00,
Question 1
A new company ABC has shareholder funds of $150m following the issue of 150 million ordinary shares at an issue price of $1.00, has bank debt of $200 million, goodwill of $20m. After recent gains the share price of ABC is now currently moved up to $1.20. Based on this information what is the enterprise value of ABC
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