Question: Proctor Power has fixed assets worth $ 2 1 5 million and net working capital worth $ 1 1 5 million. It is financed partly

Proctor Power has fixed assets worth $215 million and net working capital worth $115 million. It is financed partly by equity and partly by three issues of debt. These consist of $235 million of First Mortgage Bonds secured only on the companys fixed assets, $115 million of senior debentures, and $135 million of subordinated debentures. (The amounts of the three issues are par or face values.) If the debt were due today, how much would each debtholder be entitled to receive?
Note: Leave no cells blank - be certain to enter "0" wherever required. Enter your answers in millions.Proctor Power has fixed assets worth $215 million and net working capital worth $115 million. It is financed partly by equity and partly
by three issues of debt. These consist of $235 million of First Mortgage Bonds secured only on the company's fixed assets, $115
million of senior debentures, and $135 million of subordinated debentures. (The amounts of the three issues are par or face values.) If
the debt were due today, how much would each debtholder be entitled to receive?
Note: Leave no cells blank - be certain to enter "0" wherever required. Enter your answers in millions.
Answer is complete but not entirely correct.
 Proctor Power has fixed assets worth $215 million and net working

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