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 ($38.78) and leverage changes to 2.8. Which of the following statements are true? Select all that apply.

Select : 3 Submit Answer The total investment for Chester will be $214,952,182 Total liabilities will be $126,052,569 Chester will issue stock totaling $2,908,500 Working capital will remain the same at $14,941,199 Total Assets will rise to $232,631,314 Equity will be $85,991,112