Estimate that the market value of equity

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We know the following about Carl & Co. Total assets are $200m, D is $60m, E is $130m, cash is $50m and the # of shares is 1m. We estimate that the market value of equity is 3 times the book value of it. Finally, a fire sale of the firm would bring 40% of the value to the co. Compute the book value of the firm.

Reference no: EM13730420

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