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 $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

The total investment for Digby will be $218,823,407

Total liabilities will be $141,697,562

Digbys long-term debt will rise by $9,000,000

Working capital will remain the same at $17,459,541

Total Assets will rise to $235,239,783