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Bowl of fruit is looking to expand its operations and wishes to raise $4 million by using 30 year 6% coupon semi semi annual bonds
Bowl of fruit is looking to expand its operations and wishes to raise $4 million by using 30 year 6% coupon semi semi annual bonds with a face value of $1000 if their investment banks suggest that current market return on such pond 8% and they charge a 4% commission on the proceeds how many pounds does bowl of fruit need to sell to meet his financial goal
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