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Blair Madison Company issues $2.9 million of new stock and pays $381,000 in cash dividends during the year. In addition, the company took advantage of

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Blair Madison Company issues $2.9 million of new stock and pays $381,000 in cash dividends during the year. In addition, the company took advantage of falling interest rates to borrow $169 million in a new bond issue and paid off existing bonds with a face value of $2.95 million. The company bought 519 of another company's $1,190 bonds at a $119,000 premium. The net cash flow provided by financing activities is: Multiple Choice An outflow of $381000 An outflow of $119.000 An inflow of $1259.000 An Intiow of $1,260,000

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