What is the market value of the assets now

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Last year, a company was formed by selling 200,000 shares of stocks (each $7) and issuing 300 bonds (each $3,000). Today, the company's stock is selling for $50 per share. As a result of changes in the interest rate, the market value of the company's bonds in total now is $450,000.

a. What was the book value of the assets last year?

b. What are the book value and market value of the firm now?

c. What is the market value of the assets now?

Reference no: EM132807356

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