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Suppose that the firm value you calculate above is $450.0 million (Hint: it is not). If the market value of debt is $8.0 million and
Suppose that the firm value you calculate above is $450.0 million (Hint: it is not). If the market value of debt is $8.0 million and there are 20 million shares outstanding, what is the fair value (target price) for a share of Pizza Palace stock? $0.80 O $13.60 $183.33 O $22.10 O $75.16
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