If in 2009 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share,then what is Luther's Enterprise Value?
A)-$63.3 million
B)$353.1 million
C)$389.7 million
D)$516.9 million

Name: If in 2009 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share,then what is Luther's Enterprise Value? A)-$63.3 million B)$353.1 million C)$389.7 million D)$516.9 million
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C)Enterprise value = MVE + Debt - Cash = 10.2 × $16 + 290.1 - 63.6 = 389.7

If in 2009 Luther Has 10