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A company issues $1.0 million of new stock and pays $200,000 in cash dividends during the year. In addition, the company took advantage of falling
A company issues $1.0 million of new stock and pays $200,000 in cash dividends during the year. In addition, the company took advantage of falling interest rates to borrow $1.50 million in a new bond issue and paid off existing bonds with a face value of $2.00 million. The company bought 500 of another company's $1,000 bonds at a $100,000 premium. The net cash flow provided by financing activities is: An outflow of $100,000. An inflow of $300,000. An inflow of $500,000. An outflow of $200,000
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