What is the total market value of this firm

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Reference no: EM131082743

The current stock price for a company is $35 per share, and there are 2 million shares outstanding. This firm also has 90,000 bonds outstanding, which pay interest semiannually. If these bonds have a coupon interest rate of 8%, 7 years to maturity, a face value of $1,000, and an annual yield to maturity of 6.7%, what is the total market value of this firm?

Reference no: EM131082743

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