How much would each debt holder be entitled to receive

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Reference no: EM131587160

Proctor Power has fixed assets worth $212 million and net working capital worth $112 million. It is financed partly by equity and partly by three issues of debt. These consist of $238 million of First Mortgage Bonds secured only on the company’s fixed assets, $112 million of senior debentures, and $132 million of subordinated debentures. If the debt were due today, how much would each debt holder be entitled to receive? (Leave no cells blank - be certain to enter "0" wherever required. Enter your answers in millions.)

Mortgage bonds $ ________million

Senior debentures $ ________million

Subordinated debentures $ ___________ million

Reference no: EM131587160

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