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2 question pls! Thanks QUESTION 10 Which of the following describes stock that has been repurchased by the issuing company? Treasury stock Preferred stock Common
2 question pls! Thanks
QUESTION 10 Which of the following describes stock that has been repurchased by the issuing company? Treasury stock Preferred stock Common stock Stock outstanding QUESTION 11 Winn Manufacturing issued $300,000, 6-year, 8% bonds on January 1, 20Y1. Winn's effective cost of borrowing at that time was 5%. How much cash did Winn receive from the issuance of the bonds? The following time value of money factors may be useful: PV of a single sum for 6 periods at 5% = 0.74622 PV of an annuity for 6 periods at 5% = 5.07569 PV of a single sum for 6 periods at 8% = 0.63017 PV of an annuity for 6 periods at 8% = 4.62288 o $345,683 $258,394 $300,000 $223,866Step by Step Solution
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