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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 2.8. Which of the following statements are true? Select all that apply.
Select: 3
Total Assets will rise to $222,722,177
Baldwins long-term debt will rise by $9,000,000
Total liabilities will be $137,028,854
Working capital will remain the same at $11,870,299
The total investment for Baldwin will be $206,572,489

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