1.What is the likely initial public offering (IPO) price for the company's stock? As a source of additional information for Toliver, what is the price of the bonds mentioned in Exhibit 3? Please make sure Toliver understands the interrelationship among the bond's face value, coupon rate, current yield and price. (For the stock price calculation, assume relevant industry data will also apply to AEC.) Assume that the investor's required return on a stock of this type can be derived from the capital market date in Exhibit 3.