Question: QUESTION 24 Based on the corporate valuation model Buffalo Inc. 's total corporate value is $425 million. Its balance sheet shows S100 million notes payable,

QUESTION 24 Based on the corporate valuation model Buffalo Inc. 's total corporate value is $425 million. Its balance sheet shows S100 million notes payable, $200 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) [Hint $40 million Common Stock and $160 million Retained Earnings together is the Book Value of Equity Ignore these numbers. The BV of equity is urelevant here just use the other three numbers to get the Firm's Value of Equity] S125 Ob S124

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