BL Plastics is an all equity firm that has 27,000 shares of stock outstanding.The company has decided to borrow $46,080 to buy out the shares of a deceased stockholder who holds 600 shares.What is the total value of this firm if you ignore taxes?
A) $2,122,560
B) $2,008,400
C) $2,073,600
D) $2,091,000
E) $2,103,440
Correct Answer:
Verified
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