Harper's Dog Pens, Inc. with the help of its investment bank, recently issued $195.2 million of new

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Harper's Dog Pens, Inc. with the help of its investment bank, recently issued $195.2 million of new debt. The offer price on the debt was $1,000 per bond and the underwriter's spread was 4 percent of the gross proceeds.

Calculate the amount of capital funding Harper's Dog Pens raised through this bond issue.(Enter your answer in dollars not in millions.)

Posted Date: May 19, 2024 11:10 PM

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Harper's Dog Pens, Inc. with the help of its investment bank, recently issued $195.2 million of new

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