Your firm is issuing $98 million in straight bonds at par with a coupon rate of 5.5%
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Your firm is issuing $98 million in straight bonds at par with a coupon rate of 5.5% and paying total fees of 2.9%. What is the net amount of funds that the debt issue will provide for your firm?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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