Assume that Terry's company pays $70 per share for 8,000 shares of Class company for...
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Accounting
Assume that Terry's company pays $70 per share for 8,000 shares of Class company for a 80% interest. Also, assume that the remaining shares of 2,000 belongs to minority shareholders. What is the total estimated fair value of the company and the IMPLIED fair value of the Noncontrolling interest. Also, what is the total fair value of the company if the share price remains at $70 but Terry bought only 75% of CLASS Co.
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