Construct a Market Value Balance Sheet for Trump-Toppers, Inc. (TT), a manufacturer of custom-made hairpieces, based on the following data (FYI: There are no other liabilities or equity issues other than those mentioned below.): (parts a, b, c)

A) The company has issued $1,000 bonds that will mature in 5 years with a total face value of $40,000,000. The coupon rate on the bond is 7.0%, but the market interest rate on similar bonds is now 4.0%. What is the market value of these bonds?

B) The company also has 30,000,000 shares of common stock outstanding. The companys earnings are expected to be $16 per share and it plans to pay out 45% of its earnings to its shareholders. With the growing popularity of fashionable cover-ups providing new expansion opportunities, the company expects that it can realize an estimated return on equity (ROE) of 25%, and, given the riskiness of the stock, the required rate of return is 20%. Calculate the price per share and the market value of the total equity position.

C) The book value of assets in place (plant and equipment) is $725,000,000. Indicate the value of investment opportunities.