firms approach

A company that sells a particular type of web-indexing software has had two larger firms approach it for a possible buyout. The current value of the company, based on recent\ financial statements, is $4.5 million. The two bids were for S4 million and S7 million, respectively. Both bids were bona fide, meaning they were real offers. Wha t is the market value of the company? Wha t is its book value?

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