The current stock price for a company is 49 per share what


The current stock price for a company is $49 per share, and there are 6 million shares outstanding. This firm also has 110,000 bonds outstanding, which pay interest semiannually. If these bonds have a coupon interest rate of 9%, 8 years to maturity, a face value of $1,000, and a current price of 1,023.44, what is the total market value of this firm?

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Financial Management: The current stock price for a company is 49 per share what
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