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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? PLEASE SELECT THREE (3) TRUE STATEMENTS: Total liabilities will be $132,709,346 The total investment for Baldwin will be $12,728,474 Working capital will remain the same at $12,936,641 Baldwin's long term debt will rise by $10,000,000 Total assets will rise to $212,378,526 image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

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 Save Answer O Total liabilities will be $132,709,346 The total investment for Baldwin will be $12,728,474 Working capital will remain the same at $12,936,641 Baldwin's long-term debt will rise by $10,000,000 O Total Assets will rise to $212,378,526

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