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Business, 19.12.2019 06:31 slimgemmx

It is january 2nd. 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 50,000 shares of stock plus a new bond issue. the cfo happily notes this will raise their leverage (assets/equity) to a new target of 2.42. assume the stock can be issued at yesterday's stock price $14.93. which of the following statements are true? (select 2 answers)

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It is january 2nd. senior management of digby meets to determine their investment plan for the year....
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