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A firm's market cap is 900 crore and book value of hard assets is 650 crore. Implied intangibles are:

A250 crore
B650 crore
C900 crore
D1,550 crore
Answer & Solution
Correct answer: A. 250 crore
Implied intangibles equal market capitalisation less hard-asset book value: 900 - 650 = 250 crore.
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