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15 pts Question 5 In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures tron

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15 pts Question 5 In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures tron historical book abes to current market values. Witwer Corporation's balance sheet (book values) as of Joday as follows Lirg term debt consists only of bonds listed at par) $20,000,000 Preferred to 3.000.000 Conto: 510 20.000.000 5.000.000 Total dels and equity $48.000.000 The bond have a 80% coupon rate, a por value of $2.000, and are payable semiannually. They mature exactly 10 var trom today. The yield to maturity is 12. What is the current market value of the firm's long-term Het There are two steps to this problem. First compute the market value of a single bond...) BIA er Tu D2 **

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