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Assume Jamestown Markets has 500 shares of stock and 100 bonds outstanding. The bonds have a face value of $1,000, are convertible into 5 shares

Assume Jamestown Markets has 500 shares of stock and 100 bonds outstanding. The bonds have a face value of $1,000, are convertible into 5 shares of newly issued common stock, and mature today. What is the value of this firm to its shareholders if the total value of the firm is $184,500? What if the value is $225,000?

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