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You are an original owner of an online shoe company called Feet First (FF). Your most current balance sheet states that your company has a

You are an original owner of an online shoe company called Feet First (FF). Your most current balance sheet states that your company has a book value of $32M, which includes $10M of cash that is invested in short-term, riskless government bonds. This cash was raised in a recent IPO. The stock is currently worth $30 per share and there are 1M shares outstanding. The firm also has long-term debt outstanding

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