Answer:
$260 million
Explanation:
In this question, we are asked to calculate the market value of assets of the firm.
To do this, we use a mathematical formula. The mathematical formula to use is that of the Market value of assets of the firm.
Mathematically, the market value of assets of the firm = Market value of equity + Market value of debt
From the question, market value of equity = $200 million
The market value of debt = $60 million
Market value of assets of the firm = $200 million + $60 million = $260 million
