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Under the net asset value method, the practitioner determined the Widget Company's assets had a value of $850,000 and liabilities had a value of $300,000,
Under the net asset value method, the practitioner determined the Widget Company's assets had a value of $850,000 and liabilities had a value of $300,000, including notes payable of $100,000. Determine the fair market value of a 75 percent equity interest in the Widget Company.
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