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They do not have the market value of equity at 30M !!!!!
The nominal value of the equity is $15M (from the SOFP in the question).
They are $0.50 shares, and therefore the number of shares is 15/0.5 = 30MThe market value per share (from the question) is $4.20.
So the total market value of the equity is 30M x $4.20.
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