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please use excel and show what you plugged in to get your answer. im still learning excel so its a little confusing to me. thank you in advance!
Walmart is considering issuing bonds. They estimate they will issue bonds similar to a recent bond issue. This bond has a quoted price of 99.8; this is the % of $1000. If an underwriter charges 1.5% in flotation charges, what is the Net Proceeds of the bond in $? Rainy Day is expecting to sell recycled bottle raincoats for five years. At the end of the project, in year 5, Rainy Day expects to sell its machinery for $342,330. Because the machine was purchased after 2018, Rainy Day took the bonus depreciation to save money on taxes so in year 5, the book value of the machinery will be 0. What is the expected cash flow from selling the equipment given Rainy Day has a a marginal tax rate of 21%

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