Question
Suppose a company has an enterprise value of $150 million, preferred stock valued at $15 million, $12 million in cash, and debt of $13
Suppose a company has an enterprise value of $150 million, preferred stock valued at $15 million, $12 million in cash, and debt of $13 million. If the company has no minority interests, what is the equity value?
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Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo
4th edition
013408327X, 978-0134083278
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