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Suppose the School Company has de balance Current assets $30,000,000 current liabilities Notes payable Fixed assets 70,000,000 Long-term debt Common stock 1 million shares) Retained

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Suppose the School Company has de balance Current assets $30,000,000 current liabilities Notes payable Fixed assets 70,000,000 Long-term debt Common stock 1 million shares) Retained earnings Total liabilities and equity $20,000,000 10,000,000 30,000,000 1,000,000 39,000,000 $100,000,000 Total assets $100,000,000 The notes payable are to banks, and the interest rate on this debt 9%, the same as the rate on new bank loans. These bank loans are not used for seasonal financing but instead are part of the company's permanent capital structure the long-term debt consists of 30,000 bonds, each with a par value of $1,000, an annual coupon interest rate of 6% and a 20-year matunty. The going rate of interest on new long term debt, als 13%, and this is the present yield to maturity on the bonds the common sto sells at a price of $54 per share. Calculate the firm's market vak capital structure Do not round intermediate cloutions, Round the monetary values to the nearest dollar and percentage values to two decimal places Short-term debt Long-term debt Common equity Total choral $

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