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Company Baldwin invested $ 5 6 , 1 1 2 , 0 0 0 in plant and equipment last year. The plant investment was funded

Company Baldwin invested $56,112,000 in plant and equipment last year. The plant investment was funded with bonds at a face value of $34,685,144 at 13.9% interest, and equity of $21,426,856. Depreciation is 15 years straight line. For this transaction alone which of the following statements is true?

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