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It is January 2nd and senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a plant

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It is January 2nd and senior management of Digby 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 ($39.06) and leverage changes to 2.7. Which of the following statements are true? Select all that apply. Select: 3 Save Answer Digby will issue stock totaling $2, 929, 500 Working capital will remain the same at $11, 352, 081 Total liabilities will be 143, 970, 454 Total assets will rise to $224, 185, 590 The total investment for Digby will be $20, 436, 100

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