What is the market value of abc company assets

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ABC Company has 5 million common shares outstanding and 3 million preferred shares outstanding, and its equity has a total book value of $55 million. Its debt has a market value of $15 million. If ABC Company's common and preferred shares are priced at $17 and $27.8, respectively, what is the market value of ABC Company's assets? Enter your answer in millions of dollars.

Reference no: EM132681687

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