Suppose that Double-R Nutting Company's bonds have a face value of $40. Its current market value balance sheet is as follows: Assets Net working capital Fixed assets Total assets $ 15 8 $ 23 Liabilities and Equity Bonds outstanding Common stock Total liabilities and shareholders' equity $ 15 8 $ 23 Who would gain or lose from the following manoeuvers? a. Double-R pays a $6 cash dividend. Stockholders would Bondholders would b. Double-R halts operations, sells its fixed assets for $5, and converts net working-capital into $15 cash. It invests its $20 in Treasury bills. Stockholders would Bondholders would c. Double-R encounters an investment opportunity requiring a $10 initial investment with NPV = $0. It borrows $10 to finance the project by issuing more bonds with the same security, seniority, and so on, as the existing bonds. Stockholders would Original bondholders would d. Double-R finances the investment opportunity in part (c) by issuing more common stock. Original stockholders would Bondholders would Suppose that Double-R Nutting Company's bonds have a face value of $40. Its current market value balance sheet is as follows: Assets Net working capital Fixed assets Total assets $ 15 8 $ 23 Liabilities and Equity Bonds outstanding Common stock Total liabilities and shareholders' equity $ 15 8 $ 23 Who would gain or lose from the following manoeuvers? a. Double-R pays a $6 cash dividend. Stockholders would Bondholders would b. Double-R halts operations, sells its fixed assets for $5, and converts net working-capital into $15 cash. It invests its $20 in Treasury bills. Stockholders would Bondholders would c. Double-R encounters an investment opportunity requiring a $10 initial investment with NPV = $0. It borrows $10 to finance the project by issuing more bonds with the same security, seniority, and so on, as the existing bonds. Stockholders would Original bondholders would d. Double-R finances the investment opportunity in part (c) by issuing more common stock. Original stockholders would Bondholders would