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Value of the business--Q1(b) Dec 2009

Ppepsi102015y ago
Whether the value of the business should include the value of debt?
The answer model just give the value of the business at the value of the equity using FCFE
John MoffatJohn MoffatTutor15y ago#1
If you are buying the business, it is the shares that you are buying. (Any arrangement with the debt lenders would be separate)
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