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

It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing $10,000,000 in bonds. Assume the bonds are issued at face value and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
Select: 3
Baldwins long-term debt will rise by $10,000,000
Working capital will remain the same at $13,204,535
Total liabilities will be $130,799,470
Total Assets will rise to $209,539,649
The total investment for Baldwin will be $13,058,351

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