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Value of Equity (CFAI Mock PM 32 and 34) Help!

How do we calculate the value of equity here? On qst 32 they substract the total value of debt (long term, accounts payables, notes payable), while qst 34 only substract the long term debt.
Helpppp

anyone?

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11% is the wacc assumption of Nenkov (as explained in question)

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