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The value of a firm is simply the combined value of the firm's projects, divisions, and entities owned by the firm. This property is called value

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The fact that the value of a firm is the combined value of the firm's projects, divisions, and entities, is known as Value Additivity.

What is Value Additivity?

This refers to the notion that to find the total value of something, you need to find the combined values of the individual things that comprise it.

The combined value of a firm therefore, is the various projects, divisions, and other entities that comprise that firm.

Find out more on Value Additivity at https://brainly.com/question/15004738.

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