A firm issues 200 million straight bonds at an original
A firm issues $200 million straight bonds at an original issue discount of 7.5% and a coupon rate of 7%. The firm pays fees of 2.5% on the face value of the bonds. What is the net proceeds from the debt issue?
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micro spinoffs inc issued 20-year debt a year ago at par value with a coupon rate of 5 paid annually today the debt is
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