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You own 30% of Westcoast, Inc. You have decided to retire and want to sell your shares in this closely held, all equity firm. The
You own 30% of Westcoast, Inc. You have decided to retire and want to sell your shares in this closely held, all equity firm. The other shareholders have agreed to have the firm borrow $2 million to purchase your 2,000 shares of stock. What is the total value of this firm today if you ignore taxes?
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