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Fly Corporation issued a $4,000,000. 05. 6 years convertible bonds on 1/1/2020. The bonds were issued at 97 and pay interest somiannualy, on July 1.

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Fly Corporation issued a $4,000,000. 05. 6 years convertible bonds on 1/1/2020. The bonds were issued at 97 and pay interest somiannualy, on July 1. ond January 1 of every year. Required. Calculate the total financing Iborrowiriol coat for the company. (Noto write your answer as a number only, with No dolor signs or common)

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