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comp xm-It is January 2nd and senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a

comp xm-It is January 2nd and senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterdays stock price ($35.93) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.

Total liabilities will be 140,879,019
Total assets will rise to $220,546,428
Working capital will remain the same at $14,458,329
Digby will issue stock totaling $2,694,750
The total investment for Digby will be $21,302,587

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