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Husky Inc. is a brand new company that is raising $5,000,000 in financing to buy assets to start their business. Before paying interest they expect

Husky Inc. is a brand new company that is raising $5,000,000 in financing to buy assets to start their business. Before paying interest they expect to have each year $300,000 in net cash from operations beginning in the first year of the investment. What is the maximum amount the company can finance with 12% bonds issued at par while having enough cash to make coupon payments? (any remaining financing will be from issuing common stock) A. 0 B. 650,000 C. 2,500,000 D. 3,625,000 E. 5,000,000

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