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Hevia Metals, Inc. issues 500,000 corporate bonds at $85.9. The underwriting spread is one bond point. How much money will the issuer receive for selling
Hevia Metals, Inc. issues 500,000 corporate bonds at $85.9. The underwriting spread is one bond point. How much money will the issuer receive for selling the entire issue?
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$424,500,000
$465,890,000
$429,500,000
$426,500,000
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