What is the total market value of this firm

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Reference no: EM131074631

The current stock price for a company is $34 per share, and there are 7 million shares outstanding. This firm also has 170,000 bonds outstanding, which pay interest semiannually. If these bonds have a coupon interest rate of 9%, 19 years to maturity, a face value of $1,000, and a current price of 1,002.41, what is the total market value of this firm?

Reference no: EM131074631

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