Suppose the School Company has this book value balance sheetMarket Value Capital Structure Current Assets $30,000,000 Fixed Assets$70,000,000Total Assets $100,000,000

The notes payable are to banks, and the interest rate on the debrate on new bank loans .These bank loans are not used for seasare part of the company's permanent capital structure. The long30,000 bonds, each with a par value of $1,000, an annual coupo20-year maturity .The going rate of interest on new long-term

d./ the present yield to maturity on the bonds.