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Sorenson Co. is considering the following alternative plans forfinancing the company:Plan 1 Plan 2Issue 10% bonds (at face)-$3,000,000Issue $10 parcommon stock$4,000,000$1,000,000Income tax is est 2

Sorenson Co. is considering the following alternative plans forfinancing the company:Plan 1 Plan 2Issue 10% bonds (at face)-$3,000,000Issue $10 parcommon stock$4,000,000$1,000,000Income tax is est 2 answers

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