Based on the corporate valuation model dabney incs value of


Based on the corporate valuation model, Dabney Inc.'s value of operations is $425 million. Its balance sheet shows $175 million of short-term investments that are unrelated to operations, $100 million of accounts payable, $125 million of notes payable, $175 million of long-term debt, $40 million of common stock (par plus paid-in-capital), and $160 million of retained earnings. What is the best estimate for the firm's value of equity, in millions?

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Financial Management: Based on the corporate valuation model dabney incs value of
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