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Debt: $3,000,000 par value of 9%, 9-year bonds outstanding withan annual before-tax yield to maturity of 7.67% on a new issue.Common stock: 70,000 shares outstanding
Debt: $3,000,000 par value of 9%, 9-year bonds outstanding withan annual before-tax yield to maturity of 7.67% on a new issue.Common stock: 70,000 shares outstanding currently selling for$50 per sh 2 answers
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