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With the help of its investment bank, terrestrial travel tours recently issued $314 million of new debt. The offer price on the debt was $1,000

With the help of its investment bank, terrestrial travel tours recently issued $314 million of new debt. The offer price on the debt was $1,000 per bond, and the underwriters spread was 6 percent of the gross proceeds. Whats the amount of capital funding terrestrial travel tours raised through the bond issue?

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