Question
When calculating enterprise value: sum up market capitalization, the market value of debt and market value of other claims... Then subtract excess cash and equivalent.
When calculating enterprise value: sum up market capitalization, the market value of debt and market value of other claims... Then subtract excess cash and equivalent. Does owning property with value get included in "equivalent"?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
