The current market value of the assets of Ditto Inc. is $63.26 million. The market value of the equity is $42.18 million. What is the market value of the firm's debt?
A) $21.08 million
B) $42.16 million
C) $52.72 million
D) $77.78 million
E) $105.44 million
Correct Answer:
Verified
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