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 yesterday's stock price ($37.31) and leverage changes to 2.7. Which of the following statements are true?

Select all that apply.

Select: 3

Chester will issue stock totaling $2,798,250

Total Assets will rise to $221,723,415

Equity will be $84,918,033

The total investment for Chester will be $210,348,072

Working capital will remain the same at $15,798,259

Total liabilities will be $122,631,789