Given the Following Information, What Is the Value of XYZ

question 309

Multiple Choice

Given the following information, what is the value of XYZ Corporation?

Common Stock: 14. 2 million shares outstanding, price = $35 per share
Bond Issue 1: $500 million total face value, price = 102% of face value
Bond Issue 2: $175 million total face value, price = $850 per bond

• A) $697.52 million
• B) $874.82 million
• C) $987.24 million
• D) $1,049.43 million
• E) $1,155.75 million

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