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Timmons Corporation has authorized a bond issue with interest payment dates of January 1 and July 1. If the bonds are sold at the face
Timmons Corporation has authorized a bond issue with interest payment dates of January 1 and July 1. If the bonds are sold at the face amount on March 1, the cash Timmons receives is equal to the face amount of the bonds:
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
1259024962, 978-1259024962
