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69 It is January 2nd. Senior management 01 Digby meets to determine their investment plan for the year. They decide to fully fund a plant

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69 It is January 2nd. Senior management 01 Digby meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 50,000 shares of stock plus a new bond issue. The CFO happily notes this will raise their Leverage (Assetsr'Equity) to a new target of 2.48. Assume the stock can be issued at yesterday's stock price $22.44. Which of the following statements are true? (Select 2 answers) Digby working capital will be unchanged at $1T,094,213 Digoy will issue stock totaling $1,122,093 (# of stocks 1 valuation) Total investment for Digby will be $2,?84,?40 Long term debt will increase from $34,205,517 to $35,32?,010 (Long Term Debt + Stocks) Digby bond issue will be $49,269 Total Assets will rise to $146,64?,T93

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