What is the total market value of the firm

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Noelle owns 29 percent of The Toy Factory. 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 the $587,000 needed to repurchase her shares of stock. What is the total market value of the firm? Ignore taxes.

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Reference no: EM131592429

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