Stacy owns 38 percent of The Town Centre.She has decided to retire and wants to sell all of her shares in this closely held,all equity firm.The other shareholders have agreed to have the firm borrow $650,000 to purchase her shares of stock.What is the total market value of The Town Centre? Ignore taxes.
A) $1,710,526
B) $1,748,219
C) $1,771,089
D) $1,801,406
E) $1,808,649
Correct Answer:
Verified
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