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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

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 yesterdays stock price ($34.32) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
Select: 3
A. Total liabilities will be $119,014,690
B. Total Assets will rise to $217,056,825
C. Equity will be $82,965,417
D. Working capital will remain the same at $16,417,117
E. Digby will issue stock totaling $2,574,000
F. The total investment for Digby will be $204,554,107

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