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7. Byrd Lumber has 2 million shares of common stock outstanding that sell for $17 a share. If the
company has $49 million of common equity on its balance sheet, what is the companys Market
Value Added (MVA)? Answer options are provided in whole dollar. a. -15,000,000 b. -12,000,000
c. -11,250,000 d. -17,250,000 e. -13,500,000

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