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Solution to Problem By the end of 2 0 2 0 , the firm SRGY Co cumulated $ 5 0 0 M ( Million )

Solution to Problem

By the end of

2020,

the firm SRGY Co cumulated

500 M (

Million

)

of cash, and decided to use all its cash

to repay some of its debt by the end of the year.

During year

2020,

the firm also paid $

50

M in interest,

what was the cash flow to debtholders for the year?

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