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 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterdays stock price ($29.35) and leverage changes to 2.8. Which of the following statements are true? Select all that apply.

Select : 3

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• The total investment for Baldwin will be $199,315,900

• Total liabilities will be $118,004,204

• Baldwin will issue stock totaling $2,201,250

• Working capital will remain the same at $12,793,803

• Total Assets will rise to $215,345,747

• Equity will be $79,110,445