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The book value of a firm is: Multiple Choice equivalent to the firm's market value minus its fiabilities. a financial, rather than an accounting, valuation.

The book value of a firm is: Multiple Choice equivalent to the firm's market value minus its fiabilities. a financial, rather than an accounting, valuation. generally greater than the market value when fixed assets are included. based on historical transactions. adjusted to the market value whenever the market value exceeds the stated book value

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