Given the following information, what is the value of Starlight Inc. (in millions)? Common Stock: 16.30 million shares outstanding with a $10 par value. Market price is $47.10/share. Bond Issue 1: $580 million face value, currently selling for 110% of par Bond Issue 2: $250 million total face value, each bond is selling for $860 per $1,000 face value.

a.

$1,621

b.

$1,434

c.

$958

d.

$1,016

e.

$1,351