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Memphic Memphic
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Posts: 728
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6 years ago
The value of KD's unlevered equity is closest to:
A) $600 million
B) $470 million
C) $390 million
D) $400 million
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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wrote...
6 years ago
A
Explanation:  A) VU = (30 million shares) × $20 per share = $600 million
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