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(The Market Value) JCR, Inc., is a publicly-traded company with only two assets: It owns 75% of Tim's Supply Shop and 100% of the Carp
(The Market Value) JCR, Inc., is a publicly-traded company with only two assets: It owns 75% of Tim's Supply Shop and 100% of the Carp Factory. Suppose the market value of JCR Inc. is $200 million, and the market value of the entire Tim's Supply Shop (which is also publicly traded) is $150 million. 1. What is the market value of the Carp Factory? (0.5 point) 2. In September 2023, JCR Inc. decreased the holdings of the Carp Factory to 20% and Tim's Supply Shop holdings to 60%. Suppose the market value of JCR Inc. and the market value of the entire Tim's Supply Shop is the same as in part a. Now, what is the market value of the Carp Factory? (0.5 point)
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