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Fly Corporation issued a $ 4,000,000, 8%, 6 years convertible bonds on 1/1/2020. The bonds were issued at 97, and pay interest semiannually, on July
Fly Corporation issued a $ 4,000,000, 8%, 6 years convertible bonds on 1/1/2020. The bonds were issued at 97, and pay interest semiannually, on July 1, and January 1 of every year. Required: Calculate the total financing (borrowing) cost for the company
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Auditing Employee Management
Authors: Kelli W. Vito, SPHR, CCP
1st Edition
0894137190, 9780894137198
