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US Co. is growing rapidly and is planning to increase capacity at its main manufacturing plant. The expansion will cost $50M and the funds will

US Co. is growing rapidly and is planning to increase capacity at its main manufacturing plant. The expansion will cost $50M and the funds will be borrowed in the bond market. As CFO, you must decide whether the bonds will be fixed or floating rate, the maturity date or dates of the bonds and any other key issues. You also note that interest rates are on the rise and are expected to continue doing so. What do you recommend?

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