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Business, 25.02.2020 01:42 arashworth9766

Mezzo Inc.’s stockholders have provided $15,400,000 of capital when they purchased new issues of stock and allowed management to retain some of the firm's earnings. The firm now has 1,000,000 shares of common stock outstanding, and it sells at a price of $42.70 per share.
How much value has Mezzo Inc.’s management added to stockholder wealth over the years, i. e., what is Mezzo’s MVA?

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