What is the total market value of the company


Problem

Electronics Galore has 950,000 shares of common stock outstanding at a market price of $38 a share. The company also has 40,000 bonds outstanding that are quoted at 106 percent of face value. Each bond has a face value of $1000. What is the total market value of the company?

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Financial Accounting: What is the total market value of the company
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