问题如下：
Enterprise value is most often determined as market capitalization of common equity and preferred stock minus the value of cash equivalents plus the:
选项：
A. book value of debt.
B. market value of debt.
C. market value of long-term debt.
解释：
B is correct.
The market value of debt must be calculated and taken out of the enterprise value. Enterprise value, sometimes known as the cost of a takeover, is the cost of the purchase of the company, which would include the assumption of the company’s debts at market value.
考点：Asset-based Valuation
这道题就是直接考察企业价值公式，EV的公式就等于：
EV = market value of common stock + market value of preferred equity + market value of debt– cash and short-term investments
c为什么不对？短期债券不是可以看作现金等价物吗？不应该排出吗
