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Suppose I have the following prospectus (Free Writing Prospectus) of an Apple bond. The net proceeds from sales of this note after deducting the underwriting

Suppose I have the following prospectus (Free Writing Prospectus) of an Apple bond. The net proceeds from sales of this note after deducting the underwriting fee will be $1.79 billion. What is the underwriting fee (or gross spread) of this bond?

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Suppose I have the following prospectus (Free Writing Prospectus) of an Apple bond. The net proceeds from sales of this note after deducting the underwriting fee will be $1.79 billion. What is the underwriting fee (or gross spread) of this bond? Express your answer in dollar terms and round it to a dollar unit

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