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

It is January 2nd and senior management of Chester 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 ($30.75) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
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The total investment for Chester will be $18,322,362
Total liabilities will be $136,993,100
Chester will issue stock totaling $2,306,250
Total assets will rise to $212,309,426
Working capital will remain the same at $12,851,134

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