The opening vignette on page 301 described Google first going public in 2004. Prior to going public,

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The opening vignette on page 301 described Google first going public in 2004. Prior to going public, did Google's stock have a market price? What principles would go into determining the value of a company that hadn't gone public yet?
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Financial Management Principles and Applications

ISBN: 978-0134417219

13th edition

Authors: Sheridan Titman, Arthur J. Keown, John H. Martin

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